The Center for Economic Analyses (CEA) is announcing the launch of its latest initiative, “Strengthening Integrity in Climate Finance: Transparent and Accountable Climate Finance for Corruption Prevention.”

The Mission: Enhanced Integrity in Local Finance Climate Action

As North Macedonia accelerates its transition toward sustainable development, the decentralization of climate-related funding has led to the need for improved financial flows to and from the local level. To mitigate heightened risk of mismanagement in the absence of robust oversight, this initiative is dedicated to institutionalizing transparency and accountability within LSGUs. By embedding improved governance frameworks and anti-corruption protocols, the project seeks to optimize resource allocation and ensure the fiscal integrity of climate-resilient public finance.

The overall objective of the project is to strengthen the integrity, transparency, and accountability of climate finance at the local level in North Macedonia, thereby reducing corruption risks and improving resource allocation.

Specific objectives:

–        To improve LSGU adherence to regulatory frameworks and institutionalize the proactive disclosure of climate finance data to mitigate corruption risks.

–        To increase awareness and knowledge of local government officials, civil society, and the general public on the specific financial and social risks associated with corruption in local climate initiatives.

–        To empower CSOs and citizens with the technical methodologies and digital tools necessary for the rigorous monitoring of financial flows and evidence-based advocacy for improved governance.