Macroeconomics of Climate Change - Green Public Finance
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Bibliographic details
- Published: August 1, 2025
Course overview
- Training Program: Macroeconomics of Climate Change - Green Public Finance (MCCx-GPF).
- Position in series: This online course serves as the sixth in a six-part Macroeconomics of Climate (MCx) series.
- Topic: Structural Policies.
- Purpose: Learn how countries can integrate climate change considerations into their public finance management.
Target audience and qualifications
- Target Audience:
- Officials in finance, economy, and planning ministries who provide advice on macroeconomic policies or implement policy.
- Qualifications:
- Some knowledge of economics is helpful.
Course objectives
Upon completion of this course, participants should be able to:
- Identify the key linkages between climate change challenges and public investment management.
- Describe the Climate-PIMA tool and how it is applied in practice to support the integration of climate change considerations in public investment management.
- Define PFM.
- Identify key entry points for mainstreaming climate change across and beyond the budget cycle.
- Identify key principles for effective implementation of a green PFM reform strategy.
- Describe the main features of DIGNAD, a climate modeling tool, and understand the scenarios that can be analyzed in a typical application.
Tools, concepts, and expected competencies
- Tools introduced:
- Climate-PIMA (application focus: support integration of climate change considerations in public investment management).
- DIGNAD (described as a climate modeling tool; scenarios analyzable in typical applications).
- Key concepts and competencies:
- Linkages between climate change challenges and public investment management.
- Public Financial Management (PFM) definition and reform principles.
- Entry points for mainstreaming climate across and beyond the budget cycle.
- Practical application of climate tools to inform public finance decision-making.