Greater Chennai Corporation Launches ₹7,200 Crore Climate Budget to Combat Emissions and Flooding
The Greater Chennai Corporation (GCC) has introduced its first Climate Budget, outlining projects worth ₹7,200.53 crore aimed at mitigating greenhouse gas emissions projected to rise to 55.08 million tonnes of CO₂ equivalent by 2050. The budget allocates ₹1,341.2 crore towards climate-related initiatives for FY 2025-26, focusing on urban flooding, waste management, and renewable energy goals, including 100% renewable power by 2050. Key projects include storm-water drainage construction and waste biomining to address environmental challenges.
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The Greater Chennai Corporation (GCC) has unveiled its first Climate Budget, allocating ₹7,200.53 crore to address projected greenhouse gas emissions of 55.08 million tonnes of CO₂ equivalent by 2050. For FY 2025-26, ₹1,341.2 crore is earmarked for climate-related initiatives.
The budget focuses on urban flooding, waste management, and aims for carbon neutrality by 2050, including a 100% renewable power grid and complete electrification of the Metropolitan Transport Corporation bus fleet. Significant projects include constructing 1,168 km of storm-water drains and biomining legacy waste at dumpyards. The restoration of Kadapakkam Lake and rainwater harvesting systems are also part of the plan.
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