G20 and Climate Responsive Budgeting

Amandeep Kaur (), Ajay Narayan Jha and Lekha Chakraborty ()
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Amandeep Kaur: National Institute of Public Finance and Policy
Ajay Narayan Jha: Government of India
Lekha Chakraborty: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: Against the backdrop of G20, we analyze the climate responsive budgeting as a tool of transparency and accountability towards climate change commitments. The detail Demand for Grants across sectors in India is analyzed for the climate intensive allocations under the identified eight components of adaptation matrices, 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 2023-24 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. The fiscal marksmanship and PEFA scores related to these eight core areas revealed that there are deviations between Budget Estimates and Actual spending across sectors. The template for climate responsive budgeting attempted in the paper has policy contributions to make the climate responsive budgeting matrices sustainable and comparative across G20 countries.

Pages: 38
Date: 2023-09
New Economics Papers: this item is included in nep-env
Note: Working Paper 401, 2023
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Citations: View citations in EconPapers (1)

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