Question Q.2GS3GS3
Green budgeting integrates environmental considerations into the fiscal framework, ensuring that government budgets contribute to sustainable development. Elucidate.
Main Body
Green budgeting according to UNEP considers the contribution of environmental elements and the losses sustained by it for growth of GDP. Budget + EnvironmentAdjusted Green Budget Integrates environmental considerations 1) The loss of forests and trees is quantified to show quality of growth. 2) Promotes the cultural ecological corruption of sustainable living. 3) Helps in achievement of bottom-up planning with inclusive development eg Uttarakhand Green Budget 4) Specific sectors can be targeted for Reduction of emissions eg Brown taxonomy for Steel
83 words1 paragraphs
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Topper
Aditya Talwar
AIR 2702025
Subject & Paper
GS3GS3
Topic
Economic Development
Government Budgeting
Green Budgeting
Writing Stats
83
Total words
1
Paragraphs
academic
Tone