Collaborating for Open and Accountable Budgets (COAB) initiative aims to strengthen the capacity of civil society groups to actively engage in budget processes and advocacy to build the conditions for transparent, inclusive and accountable public budgeting. The COAB initiative is being implemented in 23 countries.
Equity and Justice
Too often, public finances are viewed through the narrow lens of technical efficiency, or with an outsized emphasis on fiscal discipline to the exclusion of other important values. We believe that public finances should be rooted not only in these important considerations, but also those associated with equity, democracy, and human rights.
How much tax different individuals pay, and how much they get back in public services can determine how fair and equitable a society is. We launched a Tax Equity Initiative to ensure citizens and civil society have the tools needed to effectively engage in tax reforms.
Establishing a set of global norms and standards on budget transparency, accountability, and participation is an important part of IBP’s international advocacy work. Global norms and standards for open budgeting provide a common understanding of the reforms that are needed to make progress.
Supreme audit institutions (SAI) have one of the toughest jobs in government: ensuring that powerful politicians, officials and institutions are held accountable. We are exploring how strategic engagement between key oversight actors from within and outside government can prompt action on public audit findings that are currently being ignored.
Budget credibility describes the ability of governments to accurately and consistently meet their expenditure and revenue targets. Our Addressing Budget Credibility Project proposes to address certain knowledge gaps in the current literature on budget credibility to deepen global understanding of the nature of the budget credibility challenge.
The climate crisis is arguably the world’s greatest development challenge, as well as one of the most significant public finance challenges governments will face for decades to come. Given the magnitude of the crisis and the integral role of public budgets, IBP is working to ensure that climate financing is harnessed to avert disaster and redress its impact on the most vulnerable people and communities.