This report finds that revenue account fund disbursement in Punjab in terms of percentage share of the total for water supply, irrigation, and science, ecology and environment has decreased for the financial year 2012–13 over 2011–12. This finding further strengthens the need for a process that will enable pro-active measures for supporting environmental sustainability considerations within the existing public finance framework. The report articulates "green budgeting" as a process where every year, government agencies (departments, directorates, boards, councils, commissions) through the Annual Budget Circular, by preparing Green Budget Statements, will highlight the quantum of public expenditure earmarked in the state budget for environmental sustainability initiatives as well as reducing expenditure in unsustainable sectors. For implementing such a process in Punjab, the Planning Department and Finance Department will need to play a role in coordinating the process along with nodal support from the Department of Science Technology and Environment.
