Environment
NYC Budget Will Consider Climate Impacts of Spending
New York is the first major US city to use climate budgeting, which measures the emissions effect of funding decisions.
NYC has adopted climate budgeting as part of its goal of reducing carbon emissions 80% by 2050.
Photographer: Charly Triballeau/AFP via Getty Images
New York has become the first major US city to embed climate impacts into its budget decisions.
The process, known as climate budgeting, is meant to measure the effects of the city’s spending on emissions, find areas where more investment is needed, and make the city more resilient.