Wellbeing budgeting for Wales

Wales is a global leader in future generations thinking. In 2015 it passed the Well-being of Future Generations Act which commits successive Welsh governments to work towards seven well-being goals. As part of the Act, Wales created an independent Future Generations Commissioner for Wales to act as a guardian of future generations and to push public bodies to take greater account of the long-term impact of the things that they do. 

We are delighted to provide advice and assistance to the office of the Future Generations Commissioner for Wales on its budget-setting process.  

In this project we are providing a methodology that enables the Future Generations Commissioner's office to monitor and evaluate how the Welsh government budget delivers and evolves in relation to its wellbeing missions. The method is designed to contribute to understanding of to what extent the budget is likely to enable progress towards wellbeing goals, and where gaps remain. Ultimately, the project will contribute to effective budgetary decision-making for the wellbeing of people and planet.  

A second collaboration focuses on prevention. We are creating a system the Welsh team can use to analyse budgets through a prevention lens. This project aims to look at how good processes can lead to good outcomes.