National Adaptation Fund for Climate Change

  • November 23, 2021
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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National Adaptation Fund for Climate Change

Subject – Environment

Context – COP-26 and climate change

Concept –

  • The National Adaptation Fund for Climate Change (NAFCC) is a Central Sector Scheme which was set up in the year 2015-16.
  • The overall aim of NAFCC is to support concrete adaptation activities which mitigate the adverse effects of climate change.
  • The activities under this scheme are implemented in a project mode.
  • The projects related to adaptation in sectors such as agriculture, animal husbandry, water, forestry, tourism etc. are eligible for funding under NAFCC.
  • National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE).

Implementation

  • The States/UTs are required to prepare the project proposal in consultation with NIE i.e. NABARD.
  • The project proposals are required to be approved by the State Steering Committee on Climate Change to be eligible for consideration under NAFCC.
  • It is the discretion of the State Government to engage any organization to assist in project preparation, as per their requirement.

Environment National Adaptation Fund for Climate Change