NABARD for the Adaptation Fund created under the UNFCCC - Budget & Economic Survey
Q. Which is India’s National Implementing Entity (NIE) for the Adaptation Fund created under the UNFCCC?- Published on 06 Aug 15a. Ministry of Environment, Forests and Climate Change
b. NABARD
c. PMO
d. National Green Tribunal (NGT)
ANSWER: NABARD
At present, NABARD is the only NIE in the Asia Pacific Region. In its capacity as NIE, NABARD has generated several feasible proposals on climate change adaptation; promote sustainable development livelihood through Natural Resource Management, such as watershed development and sustainable livelihood for tribal communities. Under NABARD Infrastructure Development Assistance, it is financing green investments in solar power generation and improvement of electricity distribution networks which includes India’s first 1MW canal-top solar power project in Gujarat.
