Chennai Mayor R. Priya and Deputy Mayor M. Magesh Kumaar releasing the GCC Local weather Funds report at Ripon Buildings on Monday.
| Photograph Credit score: Particular association
Chennai’s greenhouse fuel emissions in 2050 are projected to extend by practically 4 occasions over 2018 ranges — to 55.08 million tonnes of CO₂ equal (tCO₂e) — if no extra mitigation measures are applied, based on the Higher Chennai Company (GCC) ‘Local weather Funds’ report.
To handle this, the report launched on Monday acknowledged that the GCC had recognized initiatives at an estimated price of ₹7,200.53 crore, which is the cumulative expenditure required to plan, assemble, and full these actions over a number of monetary years.
The report will probably be obtainable on the official web site of the civic physique.
The report is among the many bulletins made by Mayor R. Priya in her Funds speech in 2025. Notably, for FY 2025-26, the GCC has earmarked ₹3,190.61 crore in the direction of capital expenditure, of which ₹1,341.2 crore (42.04%) has been recognized as climate-relevant spending, the report stated.
This inaugural Local weather Funds report has been ready by the GCC’s Monetary Administration Unit (FM Unit) with help from C40 Cities.
It spans 10 key departments throughout the GCC and integrates local weather budgeting into the civic physique’s Enterprise Useful resource Planning (ERP) system, enabling systematic monitoring of climate-related expenditure and strengthening institutional accountability, based on the Company.
In accordance with the Chennai Metropolis Local weather Motion Plan (CCAP) launched earlier, the common annual most temperatures might enhance by 4.4°C and annual rainfall might rise by as much as 27% by 2050. Sea ranges are projected to rise by 0.11 metres by 2030 and 0.37 metres by 2050. For addressing this, the GCC goals for carbon neutrality and ‘water steadiness’ by 2050, the report stated.
Targets for 2050
Particular targets for 2050 embrace a 100% renewable energy for the grid, full electrification of the Metropolitan Transport Company (MTC) bus fleet, and absolutely decentralised waste processing. By 2050, the Company additionally intends to have the entire properties geared up with rainwater harvesting techniques and all catastrophe reduction centres rendered climate-resilient. Within the FY 2025-26 Funds, allocations for city flooding and water shortage administration accounted for ₹834.75 crore (62.24%), the report famous. Aside from this, main ongoing initiatives embrace the development of 1,168 km of storm-water drains throughout 9 zones, designed to deal with rainfall of 68-72 mm per hour, at a price of ₹5,553.3 crore.
Waste administration initiatives acquired ₹350.81 crore (26.15%), specializing in the reclamation of legacy waste by way of biomining on the Kodungaiyur (₹640.83 crore) and Perungudi (₹347.67 crore) dump yards.
Present undertaking statuses point out that part two building of the mannequin and good colleges with energy-efficient designs is 10% bodily full and slated for conclusion in June 2026, the report stated.
The restoration of the Kadapakkam Lake to double its water capability is in progress. New initiatives within the strategy planning stage embrace the institution of rainwater harvesting techniques in any respect GCC parks and plastic baling centres in 10 zones, the report added.
Revealed – February 17, 2026 01:17 am IST
