The Climate Fiscal Framework (CFF) published by the Ministry of Finance provides principles and tools for climate fiscal policy-making (CFP) helping to identify the demand and supply sides of climate fiscal funds, and to ensure that CFP is transparent and sustainable in the longer term.
The CFF determines the following goals : 1) to divide climate funds and ensure their allocation to relevant sectors; 2) to identify the demand for climate fund and the expenditure areas of financial authority for raising revenue, for national and international financing options and for fiscal tools; 3) to ensure a governance framework for climate change funds under a national fiscal policy.
The CFF sets: - The equitable division of climate funds and their allocation to relevant sectors - The division of services, identification of the demand for climate fund, and expenditure areas of financial authority for raising revenue, for national and international financing options, and for fiscal tools - A governance framework for climate change funds under national fiscal policy The CFF also recommends a set of climate codes designed to (i) track climate change expenditures for policy analysis and reporting, and (ii) estimate long-term climate finance needs by identifying potential climate-related public expenditures across government ministries.
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Bangladesh Climate Fiscal Framework (CFF) 2014
Sectors: Agriculture, Economy-wide, Waste, Water
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing
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Bangladesh Climate Fiscal Framework (CFF) 2014
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