Municipal Budgeting and Finance : Scaling Up Energy Efficiency in Buildings in the Western Balkans
Within the Western Balkans region, a secure and reliable energy supply is critical for sustainable economic growth. Expensive, imported energy and inefficient energy use place a huge burden on municipalities that require affordable and reliable inf...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank Group, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/05/19790362/scaling-up-energy-efficiency-buildings-western-balkans-municipal-budgeting-finance-guidance-note http://hdl.handle.net/10986/20045 |
| Summary: | Within the Western Balkans region, a
secure and reliable energy supply is critical for
sustainable economic growth. Expensive, imported energy and
inefficient energy use place a huge burden on municipalities
that require affordable and reliable infrastructure services
to attract investment and provide services to their
citizens. With energy prices projected to rise, service
delivery costs will increase, further straining municipal
budgets and disproportionally affecting poorer households.
The ability of municipalities to adequately budget for and
finance reductions in energy use thus will be a critical
need in the years ahead. Saving energy can also help cities
renew their building and infrastructure stock while helping
to create employment opportunities, all paid for through the
reductions in their energy bills. The municipal budget is
the main financial planning document at the local level. It
contains a list of municipal revenues and expenditures for
the coming year, the latter of which are divided into
operating and capital expenditures. Typically, municipal
budgets are for a single year. This guidance note will
review current policies and procedures for municipal
budgeting and financing in the region, identify
shortcomings, and present a 'road map' for
improvement based on several proposed
'milestones.' These recommendations can help
support capital investments for providing a variety of
municipal services, not just those for Energy Efficiency, or EE. |
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