Public Expenditure Classification for Resilient and Sustainable Development

Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills but also are passionate about improving lives.

Learning goals

1. Distinguish the characteristics, purposes, and applications of climate public expenditure classification.
2. Identify different methodological options for estimating/classifying climate public expenditure and recognize their advantages and disadvantages.
3. Recognize how the classification of climate public expenditure can contribute to achieving climate goals.
4. Identify the implementation procedure for a climate expenditure classification system. 

Learning experience and activities

Obtaining this credential followed a self-paced model, meaning that participants progressed at their own pace in completing the following activities:

• Critical analysis of multimedia materials on the conceptual basis of climate public spending and the use of innovative methodologies for its estimation.
• Systematic exercises for knowledge acquisition in each of the four modules.
• Final learning assessment

Content/Topics

• Green Public Financial Management: definition, objectives, components, and tools.
• Definition of climate public expenditure, estimation methodologies (markers and classifiers).
• Common elements of the international classification efforts.
• Statistical frameworks for classifying climate public expenditure.
• Characteristics, structure, and components of A conceptual framework for the classification of government spending on climate change.
• Types of public expenditure classifications.
• Classifier of Government Functions (COFOG) and Extended COFOG.
• Extended COFOG data model.
• Transparency and use of information in Extended COFOG.
• Experiences of countries in the region with Extended COFOG.
• Benefits of evaluating climate public expenditure.
• Key climate-related transformations.
• Evaluation of the climate public expenditure.
• Extended COFOG in climate public expenditure evaluation

Assessment description

This badge has been issued after the wearer has achieved a final grade of 80 or higher out of 100, having successfully completed:

• Four knowledge assessments, one for each course module, with unlimited attempts. These assessments do not affect the final grade but serve as preparation for the final assessment.
• A final 10-question assessment, with three attempts allowed, which evaluates learning throughout the course.

Estimated effort

Completing the work for this course required an investment of approximately 8 hours of time.

Further Information

This course was developed under the project "Integrating Climate Change into Fiscal Policy" (ATN/FC-19927-RG), funded by the Fostering Fiscal Policy for Climate Change in Latin America and the Caribbean Fund, administered by the IDB and supported by the International Climate Initiative (IKI) of German Federal Ministry for the Environment, Climate Action, Nature Conservation, and Nuclear Safety.

Badge type

Assessment badge