24 March 2026|Cross-COP Event|Videoconference
Joint BCOP and TCOP Thematic VC on Green Budget Reporting
On March 24, 2026, PEMPAL Budget and Treasury communities of practice held a joint thematic meeting on Green Budget Reporting. The event was attended by about 70 participants, including 60 PFM practitioners from 20 PEMPAL countries (Albania, Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Georgia, Hungary, Kazakhstan, Kosovo, Kyrgyz Republic, Moldova, Montenegro, North Macedonia, Romania, Serbia, Tajikistan, Türkiye, Turkmenistan, Ukraine and Uzbekistan).
The objectives of the event were:
- to learn the recent experience of PEMPAL countries in implementing green budgeting and green budget reporting, and
- to discuss implications of green budget implementation on budget classification, Chart of Accounts, and automation of budget execution, accounting, and reporting.
During the session, Milesa Marjanović, Budget Department Head, Ministry of Finance, Serbia, Aynura Bakaybaeva, Head of Division on Methodology for Gender and Green Budgeting, State Budget Policy Department, Ministry of Economy and Finance of Uzbekistan, and Natia Gulua, WB Voice Secondee/Head of Budget Department, Ministry of Finance, Georgia, shared the experience of introducing green budgeting and green budget reporting in their countries. Bence Lukács, Head of Sustainable Finance Department, Government Debt Management Agency (ÁKK), Hungary, shared the Hungarian experience of issuing green bonds and evaluating their impact.
The event demonstrated high interest among PEMPAL countries in green budgeting and reporting issues. The participants discussed the variations in country approaches to green tagging at the budget planning and budget execution stages and highlighted the synergies between green budgeting and reporting and attracting additional finance to support the ESG agenda through green bonds.
