Question

what is a green budget?

Answer 1

Answer:

Green budgeting means using the tools of budgetary policy-making to help achieve environmental and climate goals.

Answer 2

The Green budget is the process of utilizing the tools of budgetary policy-making to achieve goals.

Explanation:

• The green budget uses the budgetary tools to achieve environmental and climate goals.
• This process includes evaluating the impacts on the environment, analyzing, providing solutions on the national and international commitments.
• And also it includes the process of contributing to debates and further discussions on sustainable growth in the environment.
• In India, the budgetary allocation for forest, environment, and climate change is reduced to INR 28.7 billion.