Mmegi

Besides balancing, budget also needs greening

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

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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