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Roundtable Discussion: Climate Budget Tagging and Engaging with Investors
On September 13, 2022, the World Bank Treasury Sustainable Finance Advisory organized a roundtable discussion to share investors' interest in climate-related information and showcase the value of climate budget tagging. The benefits of Climate Budget Tagging are multiple. The mechanism promotes transparency and accountability, enabling the prioritization of investments towards national objectives and international commitments. It also raises awareness of and showcases efforts to tackle climate challenges, fosters better cooperation between government ministries, and mobilizes domestic and international finance by enabling the tracking of the allocation of resources. […]