Mumbai, June 19 -- Mayor Ritu Tawde on Thursday unveiled the Brihanmumbai Municipal Corporation (BMC) climate budget report for the 2026-27 financial year, in pursuance with the Mumbai Climate Action Plan (MCAP) which aims to achieve net-zero emissions by 2050. Out of the BMC's total allocation of Rs.48,164.28 crore towards capital expenditure for 2026-27, an estimated Rs.20,730.04 crore or around 43% was meant for projects directly aligned with climate objectives, the report said. Climate-aligned expenditure in 2025-26 was Rs.16,321 crore, which was around 37% of the year's total capital expenditure. Additionally, Rs.5,387.49 crore has been allocated for large infrastructure and construction projects that incorporate climate-related components, such as LED street lighting and tree plantation and beautification projects. A pilot project will be launched this year on ward-level climate budgeting in four municipal wards-G North, G South, F North and F South, the report said. The pilot will assess the feasibility of decentralised climate budgeting and strengthen local-level planning. So far, the BMC has achieved 77.94% financial progress under its 2025-26 climate budget, while projects with climate-related components have recorded 85.84% financial progress, the report said. This year's climate budget report incorporates the budget of the Brihanmumbai Electric Supply and Transport (BEST) undertaking. With BEST's operational expenditure for the year estimated at Rs.8,637.15 crore, the proportion spent on climate-aligned operations would be 53.51%, the report said. Five major climate-related risks increasingly affect infrastructure, housing, public health, environmental systems, economic activity, and civic services, the report said. Climate budgeting was formally institutionalised in 2023 during the preparation of the 2024-25 municipal budget. Since then, climate considerations have become increasingly embedded in departmental planning and decision-making processes, leading to stronger inter-departmental coordination and participation, the report said....