The Brihanmumbai Municipal Corporation (BMC) has allocated more than Rs 20,730 crore towards climate-aligned initiatives in its budget for the financial year 2026-27. This marks the third consecutive year of Mumbai’s pioneering climate budgeting exercise, making BMC the first urban local body in India to institutionalise a dedicated climate budget.

According to the Climate Budget Report FY 2026-27, Rs 20,730.04 crore of the BMC’s total capital expenditure budget of Rs 48,164.28 crore has been identified as climate-aligned, accounting for 43.04 per cent of the total capital outlay. This is a significant increase from the previous year when climate-aligned expenditure stood at Rs 16,321.33 crore (37.81 per cent of the capital budget).