The purpose of this brief paper is twofold. It will provide an overview of the concept of “green budgeting”, explain why the Irish Government has committed to the concept, the expected outcomes it is hoped that the initiative will lead to and how the Department of Public Expenditure and Reform will lead Ireland’s interactions with the OECD Paris collaborative on Green Budgeting.
The paper will also explain the development of the table of climate-related expenditure adopted in the 2019 Revised Estimates Volume. It will set out the definition used to determine which elements of Government expenditure are considered to be climate related and will consider how the identification of climate-related expenditure will be developed over time.
The paper can be viewed here.