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Delhi Explores Green Budget to Integrate Environment Into Fiscal Planning

The move would create a framework to tag climate-related spending across departments.

Overview

  • Officials say the proposal is under active study, with consultations underway with experts, environmentalists, policymakers and multiple departments.
  • The framework under consideration would let agencies classify projects as environment-focused and track outlays for sustainability measures.
  • Priority areas cited include pollution control, clean energy expansion, water conservation, biodiversity protection and other sustainability programmes.
  • Authorities are reviewing green and climate budgeting models used internationally and by some Indian states to adapt best practices for Delhi.
  • The idea may be discussed in the budget session expected to start around March 16, though no final framework or funding commitments have been announced.