The City of Venice with its very large territory and its unique ecosystem, is particularly concerned by global warming, sea-level rise, and other consequences of climate change. Most of these environmental challenges, however, exceed the municipality’s own capacity and resources, both human and financial. Addressing these challenges in a coordinated and cost-efficient manner thus requires detailed, costed, and long-term action plans, accompanied by sustained financial commitments.
Building on a first exercise of environmental budgeting initiated in 2006 (bilancio ambientale), the municipality has shown interest in developing a green budgeting practice that increases the links between climate and environmental science, physical indicators, and the budgetary decision-making process. Adopting a green budgeting approach can also support the city in aligning with regional and national climate initiatives, to enhance synergies and avoid creating additional human and financial resource burdens.
More information:
See chapter 6 _ Venice case _ in the following book (p. 147 – 176):
OECD (2022): Aligning Regional and Local Budgets with Green Objectives: Subnational green budgeting practices and guidelines. OECD Publishing,Paris.
See general information on Venice and the impacts of the global climate crisis on Venice’s already sensitive climate system: How Venice is Innovating in the Face of Climate Change. Cityexperiences, 1 July, 2024.
