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Greening Public Budgets in Eastern Europe, Caucasus and Central Asia
OECD Publishing , Publication date:  14 Sep 2011
Pages: 142 , Language: English
Version: Print (Paperback) + PDF
ISBN: 9789264118287 , OECD Code: 972011121P1
Price:   €35 | $49 | £31 | ¥4500 | MXN630  Discount Price: €17.50 |  $24.50 |  £15.50 |  ¥2250 |  MXN315.00 , Standard shipping included!
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Other Versions:  E-book - PDF Format

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Over the last two decades, the countries of Eastern Europe, Caucasus and Central Asia (EECCA) have undergone significant political and economic reforms. As part of this reform agenda, they have started modernising their public administrations and expenditure management practices, bringing them closer to international standards. However, the recent global financial and economic crisis revealed a multitude of remaining structural weaknesses in the public financial systems of these countries that badly affected their economic performance. While this crisis is a real challenge, it also provides an opportunity for the EECCA governments to speed up the implementation of public finance reforms (PFRs) in order to provide a healthier basis for further development.

This report aims to help EECCA environmental administrations to harness the potential benefits of on-going PFRs; particularly the shift to multi-year budgeting, stability of funding, and, ultimately, a more effective use of public money. More specifically, the extent to which the environmental sector is integrated into medium-term budgetary processes is analysed. On this basis, the opportunities for, and limits to, achieving financial sustainability of public environmental programmes are identified. The analysis is based on a regional survey of 10 EECCA countries that involved both ministries of environment and finance.    

Table of contents:

Executive Summary Abbreviations
Chapter 1. Setting the scene
-Objectives and context of the analysis
-The medium-term expenditure framework (MTEF): An overview
-The survey framework and methodology
-Target audience and structure of the report
Chapter 2. The regional and international context
-Macro-economic performance of the countries of Eastern Europe, Caucasus and Central Asia
-Environmental situation in the EECCA countries
-Public finance reforms in the EECCA countries
-Environmental governance structure and main environmental authorities for robust multi-year environmental programmes
-Major findings
Chapter 3. Public environmental expenditure trends
-Trends in the size of public environmental expenditure
-Degree of consolidation of public sources of environmental financing
-Public environmental expenditure structure and its deficiencies
-Main findings
Chapter 4. Budget planning and management practices
-Budget planning and formulation
-Budget approval and the role of the legislature
-Budget transparency
-Major findings
Chapter 5. Budget planning and management practices in the environmental sector
-Medium-term programming and planning in the environmental sector in the EECCA countries
-Design and costing of environmental programmes
-Donor aid and aid management
-Institutional capacity needs
-Major findings
Chapter 6. Major findings and recommendations
-The shift in donor financing approaches may bring new opportunities, but there is a risk of a further marginalisation of the environmental sector
-Developing technical expertise and promoting further transparency are crucial
-Analytical tools for greening MTEFs are needed
-Major recommendations
Annex A: Budget classification systems
Kyrgyz Republic Moldova
Russian Federation
Country references

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