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Fifty shades of green: The union budget's environmental hits and misses

Union Minister of Finance Nirmala Sitharaman reiterated 'green' 23 times and 'sustainable' nine times in her budget speech on February 1. She pegged 'green growth' as one among four opportunities that can be transformative during Amrit Kaal, the term first used by Prime Minister of India in 2021, referring to the next 25 years in India’s growth. The expenditure budget increased by 33% in capital to Rs. 10 lakh crores (Rs. 10 trillion).
IISD in the news February 2, 2023

Green Growth Ranks High in Union Budget 2023-24

Green found prominence in the Union Budget 2023-24 that finance minister Nirmala Sitaraman presented on Wednesday, January 31, in parliament. Green growth – from green credits to green energy to green mobility to green farming – was among the seven main priorities that made it to the Budget this year.
IISD in the news February 1, 2023

Indian budget funds green hydrogen push

The Indian government announced its new budget on Wednesday, which allocates $2.4 billion to create a green hydrogen industry in the country. The fuel is considered key to moving away from fossil fuels in hard-to-decarbonize sectors, and has garnered big investment around the world in recent years. The World's environment correspondent Carolyn Beeler reports.
IISD in the news February 1, 2023

On World Wetlands Day, the world’s 'Great Lakes' are Exhibit A for why wetlands matter: Ted Lawrence

It might not be grabbing headlines around the globe, but tomorrow's U.N. World Wetlands Day matters. Wetlands across the globe provide many services, from improving water quality and protecting from floods and droughts, to providing habitats for countless flora and fauna, much of which we depend on. More broadly, World Wetlands Day accords us a rare and precious opportunity to celebrate North America’s abundant — but certainly not infinite — freshwater supplies.
IISD in the news February 1, 2023

Downscaling global land-use/cover change scenarios for regional analysis of food, energy, and water subsystems

Food, energy, and water are essential for life. In modern society, it is difficult to imagine describing the process by which essential nutrients move from the earth to the ordinary person’s dinner plate without speaking anything of energy being used to make fertilizer, water being pumped to irrigate cropland, or fuel being used to move food to the grocery store. The interactions among food, energy, and water (FEW) in the face of scarcity define the FEW nexus (Hoff, 2011). Over the last decade, nexus thinking has become the paradigm for discussion around sustainable development and resource security on the global stage (Leck et al., 2015). Examples include the World Economic Forum’s Water Initiative report (WEF Water Initiative, 2011), the International Institute for Sustainable Development report on FEW security (Bizikova et al., 2013), and the U.N. Sustainable Development Goals (Weitz, 2014).
IISD in the news January 30, 2023