This paper offers suggestions on how principles of environmental conservation and sustainable use of natural capital can be embedded in, and delivered through the public finance mechanism (PFM) system of Bangladesh. The core offer of this paper is design and implementation plan of a Green Fiscal Framework that will facilitate greening of the country’s PFM system, in spite of it having its unique set of weaknesses and strengths. For each component of the PFM system, we offer an assessment of immediate, medium-term and long-term green reform priorities.

The paper is available to download from the GGKP website.