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• From penalising green technology to sidelining adaptation, the government’s spending choices seem to contradict its own climate commitments
• Without new budget pillars, proper risk screening, end to ‘green taxes’, country’s fiscal plans will only deepen climate vulnerability
FOR a country whose economic survival is tied to shoring up its climate-resilience, the government’s budgetary allocations have failed to reflect this pressing concern.
Besides measures that discourage the adoption of solar energy and electric vehicles, the government continues to invest in mega-hydro projects despite adverse ecological impacts; proposes ‘false solutions’ such as carbon capture instead of reducing reliance on fossil fuels; and leaves the adaptation agenda by the wayside despite recurring floods.
