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Policy Brief A call to action: Moving towards holistic climate-responsive budgeting
The policy brief examines the shortcomings of South Africa's current climate finance landscape, specifically the Just Energy Transition Investment Plan (JET-IP) and the initial implementation of Climate Budget Tagging (CBT). It argues that current efforts suffer from horizontal and vertical incoherence, limited transparency regarding debt and private financing, and a top-down approach that marginalizes social justice and adaptation needs. To remedy this, the author proposes a comprehensive Climate-Responsive Budgeting (CRB) framework that integrates positive and negative expenditure tagging, revenue tracking, gender-responsive budgeting, and regular Climate Public Expenditure and Institutional Reviews (CPEIR).
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Document type: Policy brief