Mainstreaming Climate Change Commitments through Finance Commission's Recommendations

Lekha Chakraborty ()
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Lekha Chakraborty: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: India was the first to integrate climate change criteria in the inter- governmental fiscal transfers This analysis suggests that climate change criterion in the intergovernmental fiscal transfer mechanism in India is a significant step to incentivise the conservation of forests. However, the macropolicy channel of this link is through the public expenditure priorities related to climate change commitments by the state governments, to make a "just transition" towards a sustainable climate-resilent economy.

Pages: 23
Date: 2021-08
New Economics Papers: this item is included in nep-ene, nep-env and nep-isf
Note: Working Paper 341, 2021
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Citations: View citations in EconPapers (1)

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