According to the Economic Survey, a document India’s Finance Ministry releases the day before the annual federal budget is proposed, efforts to address climate change challenges and foster sustainable development should be important elements of the country’s Twelfth Five-Year Plan (2012-17). India’s budget for the fiscal year beginning April 1 was released March 16, and the “Sustainable Development and Climate Change” chapter outlined steps the country is taking to reduce and reverse environmental degradation, while making a case for global action to tackle climate change in accordance with the principle of common but differentiated responsibilities among developed and developing countries.