‘Green budgeting’ or ‘Environmental budgeting’ is a tool involving of budgetary planning than can help in systematic mapping and tracking the sources of funds, outlays, expenditures, and policies which, in turn, can support coordinated policy design and identification of periodic and continuous finance needs to achieve green objectives, that is, those relating to the climate and environmental dimensions.
Green budgeting is a new concept and unlike gender budgeting and child budgeting, there is limited understanding on the green budgeting process. There is thus a need for awareness on the topic of green budgeting. With this rationale, TERI has launched a portal on green budgeting.
This green budgeting portal is meant to be a resource to provide guidance on green budgeting in terms of the concept, rationale and process. The portal also features a toolkit and resources (including green budgets that have already been implemented along with other resources on issue-based budgeting).
The portal and toolkit can be used by government officials, including officials in charge of
budget cells, research & academia, civil society, and any other stakeholders who wish to
engage on this policy innovation.