Project description
The overall objective of the project was to develop criteria for the identification and quantification of revenue and expenditure actions, as well as their environmental impacts, within the framework of the implementation of a Green Budget in Mexico.
The main activities of the project included the development of an international comparative analysis on the implementation of Green Budgets, drawing on the approaches and elements developed by the Organisation for Economic Co-operation and Development (OECD); the identification of overlaps and duplications among policies, instruments and actions at the federal, state and municipal levels related to environmental objectives and public revenue and expenditure policies; and the assessment of the environmental effects associated with these measures.
The project also developed a methodology for the implementation of the Green Budget in Mexico, building on the methodology used for the integration of the Climate Change Activities Taxonomy (TA-CC). This methodology incorporated the analysis of revenue and expenditure measures – both tax and non-tax – as well as indicators linked to environmental objectives and impact metrics expressed in environmental units, such as the reduction or increase of greenhouse gas emissions.
Project details
-
ClientFrench Development Agency (AFD)
-
SolutionFiscalidad y finanzas verdes
-
Dates06/2021 - 10/2023
-
LocationMexico
Related projects
Development of a fiscal pathway to achieving energy efficiency in RAC in Trinidad and Tobago through tax incentives
The main objective of the project was to develop financial incentives for Trinidad and Tobago to support the transition towards … Read more
Economic, environmental and social impact of the Euskadi sustainable bond: allocation of the bond and estimation of impacts
The aim of this project was to facilitate transparency of the Basque Government and report on the economic, environmental and, … Read more
Polluter Pays Principle and Environmentally Harmful Subsidies
The project supported the European Commission in the fitness check of the Polluter Pays Principle (PPP) and in the development … Read more