ESG와 온실가스감축인지예산제 : 지자체 사례를 중심으로

This paper aims to explore the potential and constraints of the Greenhouse Gas Reduction Responsive Budgeting as a financial instrument for achieving carbon neutrality. This will be accomplished through the examination of case studies involving local governments that have incorporated this system with ESG principles into their financial structures. Climate risk has become more significant, especially with the impact of the COVID-19 pandemic, raising awareness about the interconnectedness of financial and environmental sustainability. Green Budgeting not only enhances fiscal efficiency but also strengthens public ESG responsibilities, especially in the context of climate change and environmental challenges. The findings indicate that the visible outcomes related to greenhouse gas reduction performance and the mechanisms for adjusting budget priorities were insufficient. Nevertheless, even in the absence of institutional support, proactive application in local finance over a span of 3-4 years has revealed its potential and latent advantages. Stakeholder engagement varies by local government, with citizen participation identified as an area needing improvement. In summary, it is of utmost importance to undertake comprehensive, high-level efforts to optimize the system’s effectiveness in achieving local greenhouse gas reduction objectives. Additionally, enhancing transparency can be achieved by publicly disclosing the Greenhouse Gas Reduction Budget Statement, while implementing governance structures that encourage the active engagement of a diverse array of stakeholders in the budgeting process.