France Shapes Budget to Increase Net-zero-aligned Public Finance

France has integrated climate considerations into its annual budgetary process through a 'Green Budget' published in 2021, which rates all State expenditures on their environmental impact. This system uses a five-category scale and six environmental goals to ensure government agencies consider net-zero progress in their spending. A notable application was the 2021 COVID-19 recovery plan, which mandated that 30% of its funds be allocated to favorably rated green investments.

• France began incorporating climate considerations into its annual budget in 2017 after joining the OECD's Paris Collaborative on Green Budgeting, leading to the publication of its first 'Green Budget' in 2021.
• The Green Budget methodology assesses the environmental impact of all State expenditures using a scale of five categories, ranging from -1 (unfavorable) to +3 (very favorable), across six goals: climate change mitigation, climate adaptation/disaster prevention, water resource management, circular economy/waste/technological risk, pollution, and biodiversity/green area protection.

APA

World Resources Institute (2024). France Shapes Budget to Increase Net-zero-aligned Public Finance. https://www.wri.org/update/france-shapes-budget-increase-net-zero-aligned-public-finance

Chicago

World Resources Institute. France Shapes Budget to Increase Net-zero-aligned Public Finance. 2024. https://www.wri.org/update/france-shapes-budget-increase-net-zero-aligned-public-finance.

Wikipedia

{{cite report |author=World Resources Institute |title=France Shapes Budget to Increase Net-zero-aligned Public Finance |date=6 March 2024 |url=https://www.wri.org/update/france-shapes-budget-increase-net-zero-aligned-public-finance |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2024france, author = {{World Resources Institute}}, title = {{France Shapes Budget to Increase Net-zero-aligned Public Finance}}, institution = {World Resources Institute}, year = {2024}, month = mar, url = {https://www.wri.org/update/france-shapes-budget-increase-net-zero-aligned-public-finance}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }