City
Epaper

India lagging on Adaptation Fund programmes: Economic Survey

By IANS | Updated: January 31, 2022 20:30 IST

New Delhi, Jan 31 Of the 30 sanctioned projects under National Adaptation Fund on Climate Change, important in ...

Open in App

New Delhi, Jan 31 Of the 30 sanctioned projects under National Adaptation Fund on Climate Change, important in view of increasing resilience, two have closed down while 28 are still going on much beyond the initial target time, the Economic Survey 2021-22 said.

"Of the 30 sanctioned projects under NAFCC, two projects - in Haryana and one regional project (covering Haryana, Punjab, Rajasthan and Uttar Pradesh) - have closed down," it said.

The programme was launched in August 2015 to meet the cost of adaptation to climate change for the state and Union Territories that are particularly vulnerable to the adverse effects of climate change, and projects with a total allocation of Rs 847.5 crore have been sanctioned from 2015-19.

This is an important Fund as India's climate actions, especially the adaptation efforts are largely financed domestically. Twelve projects were sanctioned in 2015-16, nine in 2016-17, six in 2017-18, and three in 2018-19 with funding ranging Rs 150 crore to Rs 250 crore.

Among the 28 projects across 26 states, two projects are in Tamil Nadu and one multi-state project covers Maharashtra, Rajasthan, and Telangana.

The projects focus on climate sensitive sectors such as agriculture, water, forestry as well as the coastal and Himalayan ecosystem, and are being implemented to enhance the adaptive capacity of the most vulnerable sections of our population and ecosystems.

A budgetary provision of Rs 350 crore for the year 2015-16 and 2016-17 was made with an estimated requirement of Rs 181.5 crore for financial year 2017-18 for the fund. The projects under it prioritise the needs that build climate resilience in the areas identified under the SAPCC (State Action Plan on Climate Change) and the relevant Missions under NAPCC (National Action Plan on Climate Change).

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: New DelhiindiaNafccNapcc
Open in App

Related Stories

Social ViralViral Video: Snake Found Inside Train Toilet, Internet Reacts

NationalJ&K: Water Level Of Chenab River In Akhnoor Rises After Significant Dip (Watch Video)

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

International Realted Stories

InternationalUN: Flash Floods in Afghanistan's Badakhshan affected over 1,000 households, 150 livestock farmers

InternationalPakistan warns of 21 per cent water shortage during Kharif season after India' water blockade

InternationalMerz fails to secure majority in vote for German Chancellor

InternationalAfter empty rhetoric, PPP chairman Bilawal Bhutto seeks peace with India

InternationalIndia's human development continues to make progress, ranks 130 out of 193 countries