New Zealand's main green budgeting tool is the Climate Emergency Response Fund (CERF), which was established in Budget 2022 (see Budget Policy Statement for Budget 2022 here, where the CERF was announced: https://www.treasury.govt.nz/publications/budget-policy-statement/budget-policy-statement-2022). In Budget 2022 CERF eligibility was tied to emissions reduction impacts, and Ministers have stated an intention to extend it to cover adaptation in the future. New Zealand also uses wellbeing budgeting (for more information see here: https://budget.govt.nz/budget/2022/wellbeing/approach/index.htm). The frameworks we use in our wellbeing approach, the Living Standards Framework and He Ara Waiora, include green domains and capitals; though they are balanced against other wellbeing domains and capitals.