New Policy Brief Published
The Center for Economic Analyses (CEA) has published a new policy brief titled “Strengthening Integrity in Local Climate Finance: Enhancing Transparency and Accountability in Municipal Budget Cycles.”
The brief examines key challenges in the management of local climate finance and highlights the need for greater transparency, accountability, and integrity throughout all stages of the budget cycle. It provides practical recommendations for introducing climate budget tagging, strengthening oversight and audit mechanisms, improving public procurement processes, and fostering meaningful public participation in budgeting decisions.
By integrating fiscal discipline, climate objectives, and anti-corruption mechanisms, local governments can improve the efficiency of public spending, achieve better climate outcomes, and strengthen public trust.
This document was produced with the financial support of the European Union. Its contents are the sole responsibility of the Center for Economic Analyses (CEA) and do not necessarily reflect the views of the European Union.
