- Under NAFCC 100% central grant is provided to the State Governments for implementing climate change adaptation projects.
- The Scheme has been designed to fulfill the objectives of National Action Plan on Climate Change (NAPCC) and operationalize the State Action Plans on Climate Change (SAPCCs).
- The objective of the fund is to assist states/UTs that are particularly vulnerable to the adverse effects of climate change in meeting the cost of adaptation.
- The National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE) responsible for implementation of adaptation projects under the NAFCC.
- Under this scheme, Union Government encourages States to come up with innovative and scalable projects to develop resilience against climate change and mainstream it in the planning processes.
Facts:
- Launched in 2015