National Adaptation Fund for Climate Change
- The National Adaptation Fund for Climate Change (NAFCC) was established in 2015 to meet the cost of adaptation to climate change for the State and Union Territories of India that are particularly vulnerable to the adverse effects of climate change.
- Considering the existing arrangement with NABARD as National Implementing Entity (NIE) for Adaptation Fund (AF) under Kyoto Protocol and its presence across the country, NABARD has been designated as National Implementing Entity (NIE) for implementation of adaptation projects under NAFCC by Govt. of India.
- Under this arrangement, NABARD would perform roles in facilitating identification of project ideas/concepts from State Action Plan for Climate Change (SAPCC), project formulation, appraisal, sanction, disbursement of funds, monitoring & evaluation and capacity building of stakeholders including State Governments.
Why in News?
- NAFCC is implemented in project mode and till date, 30 projects are sanctioned in 27 States and UTs.
- It includes (i) Promotion of integrated farming system of Kaipad in coastal wetlands of North Kerala (ii) Management and rehabilitation of coastal habitats and biodiversity for climate Change Adaptation and Sustainable Livelihood in Gulf of Mannar, Tamil Nadu and (iii) Climate Resilient interventions in Dairy Sector in coastal and Arid areas in Andhra Pradesh, etc.
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