Thursday 21 December 2023 | 9:30 – 14:00 | KBR Belgium’s National Library, Mont des Arts/Kunstberg 28, 1000 Brussels
PHOTOS
REPORT
CONTEXT AND OBJECTIVE
The Belgian authorities’ budgets are the main instruments through which they can achieve climate and environmental objectives. In this sense, they represent the clearest indicator of their intention to implement such a political ambition. Green budgeting means using the tools of budgetary policymaking to help achieve these objectives.
In 2021, civil servants from different Belgian authorities received EU-funded training to familiarize them with this instrument. However, Belgium is one of the few Member States that has not yet started using green budgeting.
The FRDO-CFDD is preparing an opinion on this subject for the Belgian Federal Government.
After attending the seminar, you will have an in-depth view of the implications of the use / non-use of this instrument by budgetary authorities in Belgium. In particular, you will receive up to date information on:
- The concrete steps to be taken with a view to the eventual implementation of an advanced green budgeting framework in Belgium;
- The implications of green budgeting for budget governance (including institutional aspects);
- The political preconditions for effective green budgeting (e.g. a financing plan for the transition based on an estimate of needs);
- Existing instruments already in use in Belgium on which green budgeting can be based (e.g. green bonds, green public procurement);
- How green budgeting is already implemented in other EU Member States (e.g. in France, and in Austria)
- Etc.
Two of Europe’s leading experts on green budgeting will be available to answer your questions on the subject:
- Ms. Simona POJAR (European Commission, Directorate-General for Economic and Financial Affairs, Brussels) (Presentation)
- Ms. Chloé BOUTRON (Institute for Climate Economics, Paris, and University of British Columbia) (Presentation)
Ms. Kerstin HAIDER and Mr. Jose DELGADO (Ministry of Finance, DG Budget and Public Finance, Vienna) will present the implementation of green budgeting in Austria. (Presentation)
Relevant approaches already implemented in Belgium will also be discussed, in particular:
- The Federal inventory of fossil fuel subsidies, with Ms. Samantha HAULOTTE and Mr. Jean-Baptiste TRAVERSA (BE Federal Public Service Finance) (Presentation)
- Sustainable public procurement, with Mr. Jo VERSTEVEN (BE Federal Institute for Sustainable Development) (Presentation)
- The emission of green bonds by the Federal government, with Mr. Maric POST (the BELGIAN DEBT AGENCY) (Presentation)
The seminar will be chaired by Prof. Brent BLEYS (University of Ghent), Chair of the FRDO-CFDD Transition Financing Working Group.
PREPARING FOR THE SEMINAR
We recommend that you read the following papers:
- Environmental Assessments within Green Budgeting
- Greener, better, stronger: Factors for the successful implementation of green budgeting in EU Member States
- How Green Budgeting is Embedded in National Budget Processes
You will find further information on green budgeting in Austria here: https://www.bmf.gv.at/en/topics/Climate-policy/green_budgeting_en.html,
and in Slovenia here: https://www.nispa.org/files/conferences/2023/e-proceedings/system_files/papers/Lah_et_al_2023_Green_budgeting_article.pdf
PRACTICAL INFORMATION FOR THE SEMINAR OF 21 DECEMBER
The seminar will be held in English. You can find the programme here.
A lunch will be offered at 12:30.
It will not be possible to follow the seminar online. The power point presentations will be published on the FRDO-CFDD website.
Please feel free to distribute this invitation or share it on social networks: https://www.facebook.com/events/1090931808566429/?ref=newsfeed
For any questions concerning this seminar, please contact Nathalie.Boucquey@frdo-cfdd.be or Sven.Vermassen@frdo-cfdd.be