COP27 and Public Expenditure for India's First National Adaptation Communication

Lekha Chakraborty (), Ajay Narayan Jha (), Amandeep Kaur () and Jitesh Yadav ()
Additional contact information
Lekha Chakraborty: National Institute of Public Finance and Policy
Ajay Narayan Jha: National Institute of Public Finance and Policy
Amandeep Kaur: National Institute of Public Finance and Policy
Jitesh Yadav: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: Against the backdrop of India's commitment towards the COP27 in Egypt, we applied a multi-sectoral approach to Climate-Public Financial Management (PFM) to prepare the existing resources for India's first National Adaptation Communication. Within the analytical matrices for identifying the financial resources for National Adaptation Communication (NAC), we have calculated the intensity of climate change components in the Demand for Grants by sectors - based on eight components incorporating crop improvement and research, drought proofing and flood control, forest conservation, poverty alleviation and livelihood preservation, rural education and infrastructure, health, risk financing and disaster management, for the period 2020-21 to 2022-23 for adaptation accountability in India. We found that more than forty sectoral ministries have adaptation related expenditure, accounting for around 5 per cent of GDP in India. This analysis based on an open-ended approach is mandated to identify the NAC baseline scenario estimates. The budget credibility analysis broadly revealed a perfect fiscal marksmanship with value 1 , with an exception of variations across a few sectors. Within the "fiscal rules", an aggregate analysis of discretionary fiscal space plausible for adaptation available at the subnational level of governments is arrived at, with non-developmental spending crossing a threshold ratio of 40 percent in a few States.

Pages: 19
Date: 2023-01
Note: Working Paper 389, 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.nipfp.org.in/media/medialibrary/2023/01/Working_Paper_No_389.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:npf:wpaper:23/389

Access Statistics for this paper

More papers in Working Papers from National Institute of Public Finance and Policy
Bibliographic data for series maintained by S.Siva Chidambaram ( this e-mail address is bad, please contact ).