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Besides balancing, budget also needs greening

Friday, July 05, 2024 | 80 Views |

Green power: The agrivoltaic solar power plant at BUAN is an example of the burgeoning renewable energy initiatives in the country PIC: PHATSIMO KAPENG

A United Nations-backed effort to mainstream sustainability into local public spending is gathering momentum. Beyond saying budget numbers are in the black or the red, they need to be in the green, experts say. Staff Writer, MBONGENI MGUNI reports

Joshua Sibonge, the chairperson of the Green Finance Mainstreaming Working Group, has a delightfully compact and enlightening explanation of why sustainability needs to be incorporated into the country’s budgeting process.

As a principal economist at the Bank of Botswana, Sibonge understands the link between natural resources and whatever definition of economic growth one holds.

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