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BMC Debuts Climate Budget with Rs 10,000 Crore Outlay

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The Brihanmumbai Municipal Corporation (BMC) has introduced its inaugural climate budget for 2024-25.

The climate budget which represents 32.18% of the total capital expenditure, has been integrated into BMC’s existing fiscal framework. The aim is to prioritize environmental sustainability across various civic departments.

Budgetary allotment:

The BMC is committed to developing diverse, environment-friendly infrastructure in line with the Paris Agreement on climate change.

• Rs 2,163.8 crore towards activities that integrate components of the Mumbai Climate Action Plan (MCAP), such as LED lights, plantations, rooftop solar, and sewage treatment plants in new constructions. This makes up 6.81% of the capital expenditure budget
• Highest allocation—Rs 9,707.97 crores accounting for 32.18% toward the urban flooding and water resource management
• Rs 262.16 crores for sustainable waste management
• Rs. 177.84 crores for urban greening and biodiversity
• Rs 35.38 crores for air quality management

Additional municipal commissioner Ashwini Joshi who released the report said, “… the BMC is acutely aware of this duty. In line with the Paris Agreement on climate change, it is essential to develop diverse, environment-friendly infrastructure. The stormwater drainage, sewerage projects and operations, the Mumbai sewage disposal project, water supply projects, and the solid waste management departments are directly and indirectly linked to the environment. The primary objective of this budget report is to advocate and prioritize projects that are eco-friendly and are being undertaken by these departments.”

The C40 impact:

The city is part of the global C40 Program for climate budgeting, which focuses on fighting the climate crisis and driving urban action to reduce greenhouse gas emissions and climate risks.

The BMC prepared this climate budget report as part of the C40 Cities’ climate budget pilot program, which began in September 2021.

Mumbai’s climate budgeting process is led by BMC’s Environment Department and supported by WRI India and C40 Cities.


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How Google and Deloitte are helping global customers in their sustainability journey?

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Google has signed market advisory firm Deloitte as its first global systems integrator (GSI) for the Cloud Ready Sustainability Program.

The Google Cloud Ready (GCR) Sustainability Program validates Google Cloud-aligned organizations with business-ready technology to help customers achieve their sustainability goals.

The partnership:
Deloitte uses generative AI and geospatial data to help clients mitigate climate risks, adopt green solutions and unlock the value of low-carbon products and services.

As a GCR-GSI, Deloitte is already leveraging its industry and domain knowledge with Google Cloud’s technology and platforms to help customers transition to a sustainable future.

The two companies are enabling customers globally to create economic pathways toward zero emissions.

Solutions and use cases:
The electrified Fleet solution includes integration of global fleet telematics data, resource optimization and ongoing impact monitoring for customers to map their electrification journey.

Freight and logistics:
For instance, Deloitte is using the solution to help Purolator, an integrated freight, package and logistics solutions provider in Canada, to map its net-zero transportation journey.

Purolator aims to reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030 and reach net-zero emissions by 2050. Deloitte developed a strategic roadmap that included assessing vehicle types, usage patterns, and energy options, achieving emissions reduction and electrifying 60% of last-mile delivery vehicles by 2030.

FSI:
Deloitte and Google Cloud are using geospatial analytics to enhance visibility and gain new insights to climate risks across lending and investment portfolios in the financial services industry.

The National Westminster Bank (NatWest), a major bank in the United Kingdom, leveraged geospatial data from Google Earth to capture climate-related data points across its commercial banking portfolio.

Google Cloud, Deloitte and Climate Engine used the geospatial technology to provide new data points and insights to assist NatWest with its climate reporting obligations — e.g., the EU Taxonomy and Taskforce on Nature-related Financial Disclosures (TNFD). Secondly, the data was also used to support their customers’ own climate and nature data collection. The information allows farmers to build a tailored picture of the challenges such as flood, drought, fire and biodiversity risks, at the field-specific level.

The road ahead:
Going forward, Deloitte and Google Cloud’s global initiative will focus on sustainability, climate, and equity, helping clients transition to zero-emission energy, sustainable capital markets, and equitable communities.

“We are excited to be working with Google to take purposeful action to help mitigate climate risks, unlock the value of sustainable products and services, build green communities and green jobs and accelerate our progress toward a global net zero future,” said Jamie Sawchuk, Partner and Global Sustainability Leader, Alphabet Google Alliance, Deloitte Canada.

“Through this program, Deloitte and Google Cloud can leverage our unique roles to help bolster the momentum to address climate change with cloud-based technologies and AI,” said Justin Keeble, Managing Director, Global Sustainability, Google Cloud.

Backdrop:
Launched in 2022, Google Cloud Ready – Sustainability is a partner-led program, aimed at partners committed to helping global businesses and governments accelerate their sustainability programs. The partners build solutions that enhance the capabilities and ease the adoption of Google Cloud technologies such as Google Earth Engine and BigQuery, allowing customers to leverage data-rich solutions that help reduce their carbon footprints.


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