Climate-Responsive Medium-Term Fiscal Frameworks in London

Programme Overview

Macroeconomic stability in climate-vulnerable island states and developing nations requires modern budgetary tools that recognise physical and transition risks. This five-day executive programme in London equips macro-fiscal analysts and finance officials to integrate climate change factors directly into multi-year economic planning. Delegates examine how extreme weather events, sea-level rise, and decarbonisation policies affect government revenues, expenditure demands, and baseline growth trajectories, moving beyond static medium-term approaches to dynamic, risk-informed fiscal strategies.

The curriculum bridges macroeconomic forecasting and public financial management using recognised international practices from institutions such as the IMF, World Bank, and PEFA Secretariat. Delegates will review practical methods to stress-test medium-term fiscal frameworks against climate shocks, price negative environmental externalities, and trace climate spending through budget tagging methodologies. The course prioritises real-world economic modelling, debt portfolio stress-testing, and structural fiscal target adjustments to ensure that sustainability goals do not undermine long-term sovereign solvency.

Delivered through applied policy exercises, this course provides finance ministry economists with the operational frameworks required to negotiate policy-based development financing. Delegates will practise formulating multi-year revenue projections, prioritising capital projects with explicit climate resilience criteria, and developing comprehensive fiscal risk statements. By mastering these analytical approaches, public officials can safeguard fiscal space, coordinate development partner support effectively, and maintain stable public debt paths even when severe external economic and climate shocks occur.

Small island developing states and vulnerable economies face escalating fiscal pressures from frequent natural disasters and high adaptation costs, threatening sovereign debt viability. This programme directly aligns with the operational demands of policy-based lending, such as the macro-fiscal and structural policy reform triggers embedded in the Seychelles Third Fiscal Sustainability and Climate Resilience Development Policy Financing. Finance ministries must rapidly institutionalise climate-responsive medium-term budget tools to satisfy development partner disbursement conditions, manage contingent liabilities from physical assets, and direct limited fiscal space towards resilient capital investments.

Delivered by Risalat Consultants International in London, United Kingdom, it combines expert-led sessions, real cases and group work, so that participants can apply what they learn in their own institution.

The Programme Strengthens Institutional Capability

• Transmission channels of physical and transition climate risks into macro-fiscal aggregates
• Evaluating economic baseline projections under differing climate vulnerability scenarios
• Assessing domestic revenue volatility and international trade shocks in small island economies
• Structural economic shifts and their long-term implications for tax base erosion
• Formulating multi-year top-down fiscal targets with macro-environmental parameters
• Aligning national adaptation and mitigation plans with medium-term expenditure ceilings
• Design principles of Climate Budget Tagging (CBT) across operational and capital budgets
• Integrating PEFA Climate Module requirements into the budget preparation cycle
• Climate and environmental risk assessment
• Adaptation and mitigation planning
• Sector strategies for energy, water and land
• Project design for climate and environmental goals

It is designed for macro-fiscal analysts and economic researchers in ministries of finance, medium-Term Fiscal Framework and MTBF technical working group members, budget policy planners and directors of national budget departments and others who want practical, current skills in climate, environment and natural resources.

The Growing Importance of Climate-Responsive Medium-Term Fiscal Frameworks in London

Climate change, environmental pressure and resource management now shape national plans, budgets and investment decisions. Financiers increasingly expect climate and environmental considerations to be built into projects from the start.

Institutions that can plan for climate risks, manage natural resources well and prepare sound proposals are better placed to protect services and to access the funding available for this work.

Organisations increasingly require professionals capable of:

• Assess climate and environmental risks to their services and assets
• Design projects that meet climate and environmental goals
• Prepare proposals that financiers can approve
• Measure and report results credibly
• Work with communities and partners across sectors

Strong climate, environment and natural resources systems help organisations:

• Protect services and infrastructure from climate risks
• Access climate and environmental finance
• Meet national and international commitments
• Use natural resources sustainably

This Climate-Responsive Medium-Term Fiscal Frameworks in London programme brings these elements together in a practical format, so that participants understand not only what good practice looks like but also how to introduce it in their own setting, with the people and resources they have.

Who Should Attend This Climate-Responsive Medium-Term Fiscal Frameworks in London Training?

This programme is designed for:

• Macro-fiscal analysts and economic researchers in ministries of finance
• Medium-Term Fiscal Framework and MTBF technical working group members
• Budget policy planners and directors of national budget departments
• Debt management office specialists assessing sovereign liability risks
• Public investment management officers evaluating capital projects
• Policy economists from central banks and macroeconomic planning commissions
• Climate finance focal points coordinating development partner programmes
• Monitoring and evaluation directors tracking national climate expenditure
• Public Accounts Committee analysts and fiscal council technical staff
• Climate change and environment officers
• Energy, water and agriculture sector staff
• Planning and policy officers

The programme suits experienced professionals as well as those moving into new responsibilities. Groups that mix institutions and countries are encouraged, because participants learn a great deal from each other’s experience.

Climate-Responsive Medium-Term Fiscal Frameworks in London Training Objectives

Upon successful completion of this Climate-Responsive Medium-Term Fiscal Frameworks in London Training, participants will be able to:

• Incorporate macroeconomic climate risk assumptions into baseline medium-term revenue and expenditure projections
• Apply disaster risk financing layers and contingency mechanisms within multi-year budget formulation processes
• Conduct climate-augmented debt sustainability analyses using standard macro-fiscal stress-testing parameters
• Construct comprehensive fiscal risk statements disclosing explicit and implicit environmental contingent liabilities
• Evaluate capital investment pipelines using climate vulnerability indices and green appraisal standards
• Design climate budget tagging systems aligned with international PEFA Climate Module benchmarks
• Structure policy matrix actions to fulfil development partner criteria for climate-related budget support operations
• Explain the main climate and environmental challenges for their sector
• Assess climate and environmental risks to services and assets
• Plan adaptation and mitigation measures

Each objective is practised during the programme through exercises, cases or group work, so that participants leave able to do it, not only to describe it.

Programme Contents and Structure

Climate-Responsive Medium-Term Fiscal Frameworks in London Training Methodology

The training employs a practical, practitioner-centred methodology using real economic policy data and framework documents. Participants examine applied case studies, participate in hands-on fiscal modelling labs, and conduct group-based simulation exercises to stress-test fiscal strategies against catastrophic events. Instruction combines technical presentations from seasoned public financial management specialists with collaborative problem-solving sessions, enabling participants to apply analytical tools directly to institutional scenarios relevant to island and developing economies.

The programme combines:

• Expert-led sessions on current practice
• Regional and international case studies
• Group work and practical exercises
• Simulations and role plays where relevant
• Discussion of participants' own challenges
• Peer learning across institutions and countries
• Practical tools and templates to take back to work
• Daily reflection and action planning

Before the programme, a short pre-assessment helps the facilitators understand each participant’s role and priorities, so that examples and exercises can be adjusted to the group. Each day ends with a short reflection in which participants note what they will apply at work.

Expected Outcomes

Upon completion of this Climate-Responsive Medium-Term Fiscal Frameworks in London Training, participants will be able to:

• Ability to revise medium-term economic projections to account for climate shocks and transition costs
• Competence in developing a detailed Fiscal Risk Statement addressing environmental contingencies
• Skill in executing climate-augmented debt sustainability stress tests to protect sovereign solvency
• Practical capacity to design and manage a functional climate budget tagging architecture
• Proficiency in screening public investment projects against climate resilience and economic efficiency criteria
• Preparedness to lead technical discussions for budget support operations with international development institutions
• Assess climate and environmental risks
• Plan adaptation and mitigation measures

Participants leave with a personal action plan and practical tools they can use in their institution from the first week back. Institutions that send several participants can use the programme to agree shared methods and templates across teams, which makes improvements easier to sustain.

Institutional Application of Climate-Responsive Medium-Term Fiscal Frameworks in London Training

This programme supports organisations in strengthening:

• Climate and environmental planning
• Project design
• Access to finance
• Results measurement
• Stakeholder involvement

Participants return with practical tools to improve:

• Risk assessments
• Concept notes
• Results frameworks
• Monitoring systems
• Partnership arrangements

The programme is built so that learning moves from the classroom into the institution. Participants work on their own processes and documents where possible, and leave with an action plan that their managers can review and support.

Regional Relevance & Application

Europe

European institutions apply climate, environment and natural resources within detailed regulatory frameworks and reform agendas. Participants from Europe can compare their practice with colleagues from other regions and test how established methods work under different conditions.

Africa

Across Africa, ministries, agencies and project teams working in climate, environment and natural resources increasingly operate alongside donor-financed programmes that expect clear systems and evidence. The programme helps participants adapt good practice to the institutions and resources they work with.

Middle East

In the Middle East, national development strategies and diversification plans place growing demands on climate, environment and natural resources. Participants explore how to build the capability these plans need inside public bodies and companies.

Asia

Institutions across Asia combine rapid growth with ambitious modernisation programmes. Participants from Asia can share their experience of scaling systems quickly and learn from approaches used elsewhere.

Pacific

Small island and Pacific states face particular constraints of size, distance and capacity. The programme highlights practical, proportionate approaches to climate, environment and natural resources that suit smaller institutions.

Holding the programme in London, United Kingdom brings participants together away from their daily pressures, so they can compare how climate, environment and natural resources is handled in different settings. The same programme can also be delivered in-house for one institution, in its own country or online, with cases taken from its current work.

Host Country Profile – United Kingdom

Programmes, Workshops, Exposures, Training Courses in London, UK by Risalat Consultants International

Studying away from their own country gives participants time to focus, a fresh view of their own institution and the chance to build a network with colleagues from other countries.

Climate-Responsive Medium-Term Fiscal Frameworks in London Training Deliverables

Participants receive support before, during and after the programme, so that preparation, learning and follow-up form one continuous experience.

Before the Programme

• Participant Pre-Assessment
• Climate-Responsive Medium-Term Fiscal Frameworks in London Readiness Assessment
• Climate-Responsive Medium-Term Fiscal Frameworks in London Resource Pack
• Preparatory Reading Materials
• Complimentary Visa Support & Advisory

During the Programme

• Airport Pickup & Welcome Assistance
• Accommodation with Breakfast
• Welcome Networking Dinner
• Risalat Training Kit (Bag, Bottle, Mug, T-Shirt, Cap, Passport Cover, Pens, Notebook, Magnet & Keychain)
• Comprehensive Climate-Responsive Medium-Term Fiscal Frameworks in London Training Manual
• Climate Risk Screening Checklist
• Options Appraisal Template
• Concept Note Template
• Results Measurement Template
• Practical Workshops & Simulations
• Group Discussions & Peer Learning
• Daily Lunch and Refreshments
• Full Access to Training Venue Facilities
• Mini Pad / Tablet with Digital Learning Materials
• Field Visit (where applicable)
• Entertaining City Tour

After the Programme

• Certificate of Completion
• Risalat Programme Participation Recognition Award
• Post-Training Reference Materials
• Funding Readiness Checklist
• Monitoring and Reporting Template
• Post-Training Support & Follow-Up Guidance
• Programme Report

Institutions can also request a tailored in-house version of this programme, delivered at their premises or online. Request a proposal.

Common Challenges in Climate-Responsive Medium-Term Fiscal Frameworks in London, And How This Training Helps

How can institutions assess climate and environmental risks to their services and assets?

The programme addresses this directly on the first day (Macroeconomic Foundations of Climate-Responsive Fiscal Frameworks), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions design projects that meet climate and environmental goals?

The programme addresses this directly on the second day (Medium-Term Budget Formulation and Climate Expenditure Tagging), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions prepare proposals that financiers can approve?

The programme addresses this directly on the third day (Fiscal Risk Analysis, Contingent Liabilities, and Disaster Financing), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions measure and report results credibly?

The programme addresses this directly on the fourth day (Climate-Informed Debt Sustainability and Sovereign Asset Management), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions work with communities and partners across sectors?

The programme addresses this directly on the fifth day (Public Investment Management, Policy Matrix Triggers, and Implementation), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

Frequently Asked Questions

When and where does the Climate-Responsive Medium-Term Fiscal Frameworks in London programme take place?

It runs from 7 Jun 2027 to 11 Jun 2027, in London, United Kingdom. The registration deadline is shown at the top of this page.

Who should attend?

The programme is designed for macro-fiscal analysts and economic researchers in ministries of finance, medium-Term Fiscal Framework and MTBF technical working group members, budget policy planners and directors of national budget departments, debt management office specialists assessing sovereign liability risks, and others who want practical skills in climate, environment and natural resources.

Will I receive a certificate?

Yes. Participants who complete the programme receive a Certificate of Completion from Risalat Consultants International.

Can this programme be delivered for our institution only?

Yes. We can deliver a tailored in-house version at your premises, in another city or online, built around your own cases. Use the proposal request on this page.

Do I need prior experience in climate, environment and natural resources?

No specialist background is required beyond experience in a related role. A short pre-assessment helps the facilitators adapt the sessions to the group.

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