BUDGET 2026-27: Situationer: Building resilience or just ticking climate boxes?
• 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. The upcoming budget , according to officials from the climate change ministry, features at least eight proposed projects focused on climate resilience, afforestation, green growth, biodiversity conse...