The objective of the reform is to improve the green budgeting exercise which accompanies the draft budget laws since 2021. As from 2022, France improved its methodology to quantify the environmental impact of the State budget along the six objectives defined by the EU Taxonomy regulation (e.g. climate change mitigation, climate change adaptation, sustainable use and protection of water and marine resources, transition to a circular economy, pollution prevention and control, and protection and restoration of biodiversity and ecosystems).
The scope of the exercise has been widened: budget appropriations, as well as tax expenditures are rated according to their environmental impact. The enriched edition also categorizes the operating expenditures for all Ministries by types of expenditure (e.g. fuel, water, electricity, transports…).
More information can be found on the website of the authority here.
- Reference
- C3.R2 in the French Recovery and Resilience Plan
- Project locations
- France
- Project website
- https://www.vie-publique.fr/en-bref/...