National Adaptation Fund for Climate Change (NAFCC)

  • 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