Need to increase utilization of Climate Funds

Not sufficient, but government allocates some budgetary amounts related to climate change to 25 ministries and to the Environment, Forest and Climate Change Ministries; unfortunately the ministries are not are not able to utilize these allocated amount. If we analyze the government budget, we will find out a huge differences between the actual expenditure and the budgetary allocations. In FY2019-20, there was budgetary allocation , amounted Tk. 787.24 crore Taka for climate change of Ministry of Environment, Forest and Climate Change, but the ministry has utilized only Tk. 436.16 crore. The ministry couldn’t able to expend Tk.351.08 crore. The unutilized budgetary allocation was Tk. 147.49 crore in FY 2020-21. The climate budget of the ministry was Tk.542.57 crore for FY 2021-22, it has revised in Tk.582.62 crore in present budget session. The expenditure report tells us that the ministry has expended about 50 percent of climate allocation for FY 2021-22. So, The trends of the expenditure gives us a sign to failure again to utilize the allocated budget. The government also allocates climate budget to 25 ministries. The expenditure report of 25 ministries are not satisfactory also. There was unitize amount was Tk.4,407.04 crore in FY 2020-21, Tk.5,749.96 crore in FY 2019-20 and Tk.1293.9 crore in FY 2019-20. (Ref. Climate Budget Utilization Report by Prodip K. Roy).

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