Webinar I Climate assessment of local budgets: the case of Strasbourg, Paris & Oslo

1 June 2021 - By : Morgane NICOL / Marion FETET / Antoine GOXE

2021, 8th June 2pm – 3 :30 pm 

Looking at cities’ budget can steer change by tracking expenditures that contribute or are harmful to the ecological transition. For local authorities, it is particularly at the time of the vote on their budget that it is possible to question these expenditures and to direct them as much as possible towards the climate transition. 
To meet these demands, the Institute for Climate Economics (I4CE) co-constructed with five French local authorities (cities of Paris and Lille, metropolises of Strasbourg, Lyon and Lille), plus the national environmental agency (Ademe), the Association of French Mayors (AMF), EIT Climate KIC and the association of large cities (France urbaine) a climate budget assessment framework for local authoritiesThis methodology freely available will be presented in the webinar with the testimony of local authorities pilots that have tested its implementation.  

The aim of a budget climate assessment is to identify the climate impacts of each expenditure included in a local authority budget. It involves analyzing the budget line by line, based on a list – or taxonomy – of actions that are rated highly favourablefavourable, neutral, or unfavourable for the climate. This taxonomy is partly based on the current EU taxonomy on mitigation and adaptation. The results provide a better understanding of the coherence of expenditure with reaching climate goals, so as to make enlightened budget decisions. 

Such an assessment will enable them to respond to citizens’ demands for budget transparencyto better manage their budget decisions systematically through a climate prism and to more easily identify the expenditures that could be be financed by green bonds. 

Two Cities’ partners will testimony during the webinar on how they implemented the climate assessment, what results they have obtained and how they have dealt with other environmental issues. The city of Oslo will present its own approach on climate budget and how it can be complementary with the climate assessment of budget.     

Speakers:  
  • Morgane Nicol, Program Director – Territories 
  • Antoine Goxe, Project manager Territories and Climate 
  • Marion Fetet, Research fellow – Territories 
  • Mikael Lux, Project manager of the Climate Plan for the City and Metropolis of Strasbourg 
  • Elsa Meskel, Projet manager for a low-carbon city at the City of Paris 
  • Astrid S. Landstad, Climate advisor at the climate agency of the City of Oslo  
Program:  
  • What is a budget climate assessment?  
  • Why to analyze the budget through the prism of climate? 
  • What is the recommended approach? What classification do you use? 
  • How to seize the results? 
  • Some answers to frequently asked questions 

This event is a Partner Event for the EU Green Week 2021. This event is in partnership with the Covenant of Mayors Europe. 

To learn more
  • 03/15/2021
    Climate assessment of local authority budgets: methodological guide

    For local governments, it is when expenditures are debated that it is possible to question them and to channel them towards the climate transition. That’s why I4CE and its partners co-constructed a common and shared methodology to assess a local budget according climate issues.

  • 09/23/2021
    Indexing capital requirements on climate : What impacts can be expected ?

    As the main financier of the French and European economies, banks play a key role in financing the transition. Their current contribution in France is in the order of 8 billion euros per year, but this will need to more than double according to estimates by I4CE. To accelerate this shift for banking institutions and to prevent their increasing exposures to climate risks, the debate has tended to revolve around whether or not there is a need to reform prudential requirements.

  • 11/28/2019 Uncategorized
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    Aligning with the Paris Agreement: what does it mean for the International Development Finance Club?   International Development Finance Club Pavilion Saturday 7 December, 2-3:30 pm   The Paris Agreement has reframed climate action from a focus on the near-term incremental increase of adaptation and mitigation actions to emphasize the importance of the long-term transformation […]

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