Monitoring progress towards meeting the Paris Agreement requires improving the tracking and measurement of public climate expenditure, investment, and revenues. This OECD working paper was prepared as part of the joint OECD-European Commission project on “Financing Climate Action in Regions...

Green budgeting is emerging at subnational levels as an important tool for regions and cities to use to align their expenditure and revenues with their green objectives, and enhance the transparency and accountability of their climate and environmental action. It is also a tool that subnational...