Green budgeting: tools, implementation, and international best practices for sustainable fiscal policy

Tatiana Vinogradova

Chapter 9 in Handbook on Economic Growth and the Environment, 2026, pp 216-242 from Edward Elgar Publishing

Abstract: This chapter explores the concept and implementation of green budgeting, focusing on its potential to drive sustainable economic growth. By examining the experiences of OECD countries, predominantly, the study investigates the tools and methodologies employed in green budgeting, the role of international organizations, and the integration of green budgeting within broader fiscal frameworks. The chapter highlights the importance of green budget tagging, cost-benefit analysis, environmental impact assessments, green spending reviews, and green audits in green budgeting implementation. It concludes by emphasizing the need for strong political commitment, institutional capacity building, and modernized budgetary systems to fully realize the benefits of green budgeting.

Keywords: Green Budgeting; Climate Budgeting; Green Budget Tagging; Environmental Impact Assessments; Green Spending Reviews; Green Cost-Benefit Analysis; Green Audits (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035322589
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