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DAILY NEWS ANALYSIS

GS-III :
  • 11 June, 2020

  • 2 Min Read

National Adaptation fund for climate change

National Adaptation fund for climate change

The National Adaptation Fund for Climate Change (NAFCC) is a Central Sector Scheme setup in 2015-16. The overall aim of NAFCC is to support concrete adaptation activities which mitigate the adverse effects of climate change.

National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE). The Scheme has been designed to fulfill objectives of National Action Plan on Climate Change (NAPCC) and operationalize State Action Plans on Climate Change (SAPCC).

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.

Objectives

  • Funding concrete adaptation projects/programmes aligned with the relevant Missions under National Action Plan on Climate Change (NAPCC) and the State Action on Climate Change (SAPCCs) in agriculture, horticulture, agro-forestry, environment, allied activities, water, forestry, urban, coastal and low-lying system, disaster management, human health, marine system, tourism, habitat sector and other rural livelihood sectors to address climate change related issues.
  • Preparing and updating climate scenario, assessing vulnerability and climate impact assessment
  • Capacity building of various stakeholders on climate change adaptation and project cycle management and developing a knowledge network
  • Mainstreaming the approaches/ learnings from project/programme implementation through knowledge Management

NAFCC Outcome Framework

Fund level outcome parameters will consist of the following :

  • Reduced key risks and adverse impacts of climate change in water and agriculture sectors
  • Maximised multi-sectoral, cross-sectoral benefits/co-benefits to meet the challenges of water and food security
  • Human development, poverty alleviation, livelihood security an enhanced awareness of community
  • Strengthened institutional & individual capacity to reduce risks associated with climate-induced socioeconomic and environmental losses
  • Strengthened awareness and ownership of adaptation and climate risk reduction processes at the local level vi. Increased adaptive capacity within relevant development and natural resource sectors
  • Increased ecosystem resilience in response to climate change and variability-induced stress
  • Diversified and strengthened livelihoods and sources of income for vulnerable people in targeted areas
  • Improved policies and regulations that promote and enforce resilience measure

Source: TH


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