TEXT: -Effective PFM practices increase transparency, accountability and efficiency in public funds management.

• Citizens' trust in the government's ability to manage public resources is vital for inclusive growth, social cohesion, and fostering political stability.

• The public sector has a critical dual role in defining and responding to climate change challenge.

• Green budgeting provides a framework for public sector organisations to implement climate commitments and achieving environmental goals.

Recommendations:

• ACCA can contribute to the implementation of National Adaptation Plan by offering support for the development of resilience-building strategies.

• ACCA can also play role in promoting awareness and fostering knowledge sharing among experts and practitioners.

• Key stakeholders should facilitate the transfer of best practices and lessons learned across borders and sectors.

Copyright Business Recorder, 2023