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As the effects of the global financial and economic crisis are having a growing impact on public budgets, and as donors shift to delivering aid via more robust, reliable and transparent country systems, the environmental sector in EECCA becomes increasingly vulnerable to underfunding. Boosting public and private finance for environmental and climate change adaptation programmes is a key element of green growth strategies. The work under this thematic cluster aims to help EECCA countries to address the problem of chronic underfunding of multi-year environmental programmes, by also using public resources in an efficient and cost-effective manner.

This part of the policy pillar of the EAP Task Force Work Programme, for the period 2008-2011, has been implemented through regional and national-level activities which will focus on analysing current practices, and promoting a better use, of medium-term budgetary planning, as well as improving programme costing and public expenditure management.

In this context, the EAP Task Force has both continued its past analytical work to monitor the extent and roots of the limited financial sustainability exhibited by the environmental sector in EECCA, and launched new work aiming to clarify the sector’s ability to respond to an ever increasing in-country competition for budgetary resources and its integration not only in national-level strategies and plans, but also in related annual budgets.

The main thematic clusters in this work area cover the following topics:

• Mainstreaming environmental and climate change adaptation programmes into public budgets;
• Promoting better programme costing and adapted financing mechanisms;
• Managing public environmental expenditure;
• Financing for environmental infrastructure;
• Environmental expenditure data;
• Debt-for-environment swaps;
• Performance-based contracts between municipalities and water utilities in EECCA;
• Economics of environmental compliance assurance.
  

Related Documents

EAP Task Force: Greening development in Eastern Europe, Caucasus and Central Asia (EECCA)

Also Available

• Частное и государственное финансирование природоохранных программ и программ, связанных с изменением климата (краткий обзор)
• Частное и государственное финансирование природоохранных программ и программ, связанных с изменением климата (краткий обзор)