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5th Webinar of the PDM Network: How Can Green Budgeting Support the Emission of Green Bonds?
The fifth webinar of the PDM Network entitled How Can Green Budgeting Support the Emission of Green Bonds? will be held on Tuesday, December 3rd, 9-10 a.m. EST | 3-4 p.m. CET.
Our expert panel includes Camila Vammalle, Senior Policy Analyst in the Public Management and Budgeting Division at the OECD, who will discuss the results of the OECD Survey on Green Budgeting and the forthcoming paper “Beyond Green Tagging: Linking budgets better with climate goals”. Joining her will be María del Carmen Bonilla Rodriguez, Head of the Public Credit Unit at the Ministry of Finance of Mexico, Victoire Corre, Responsible for Sustainable Finance at the French Treasury and María Paz Gutierrez, Head of the Sustainable Finance Office at the Ministry of Finance of Chile, who will share their countries’ perspectives.
Webinar Description:
Public sector green and sustainability bonds are developing rapidly. These bonds offer significant potential benefits for advancing climate policies by potentially increasing the availability of funds and lowering financing costs. However, they require sophisticated compliance mechanisms to ensure they are indeed allocated to environmentally beneficial projects. Green budgeting involves using the budgetary framework and tools to assess and improve alignment of public finances with environmental and climate objectives and strategies. By enhancing transparency and accountability, green budgeting helps assess how well public spending aligns with green and climate goals, therefore acting as a signal of the commitment of the issuer to sustainability and climate goals and enhancing their environmental reputation. This webinar will explore how green budgeting, in particular tools like green budget tagging, can support the issuance of green bonds and foster the growth of this market.
During the event, you will have the opportunity to ask questions through a dedicated Q&A box.
Please note: This webinar is exclusively for PDM Network subscribers. If you are not a subscriber yet, please fill the form for free here.