Fulfilling national and international commitments to reduce greenhouse gas emissions, as well as adapting territories, societies, and ecosystems to a changing climate, will require the mobilization and management of significant financial resources. While ensuring that developed countries provide financial resources to developing countries is critical, as is stipulated in the United Nations Framework Convention on Climate Change, there is also a need to mobilize resources at the national level in developing countries. The Paris Agreement has invited all parties to contribute to climate action, including the mobilization of finance and making these financial flows consistent with low greenhouse gas emissions and resilient development. This means that all countries united by common principles should, within their respective capacities and challenges, create public policies and budgets that help tackle climate change.
The Climate Finance Group for Latin America and the Caribbean and the International Budget Partnership present this methodological guide, which is designed to support the work of civil society and other non-governmental stakeholders, as well as governmental stakeholders from central and local governments, and legislative representatives interested in exploring the public budget’s role in tackling climate change.