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International Relations·Easy

With reference to the National Adaptation Fund on Climate Change, consider the following statements: 1. It is a central sector scheme to support adaptation activities which mitigate the adverse effects of climate change. 2. NABARD has been designated as the implementation agency for the National Adaptation Fund on Climate Change. Which of the statements given above is/are correct?

With reference to the National Adaptation Fund on Climate Change, consider the following statements:

1. It is a central sector scheme to support adaptation activities which mitigate the adverse effects of climate change.

2. NABARD has been designated as the implementation agency for the National Adaptation Fund on Climate Change. 

Which of the statements given above is/are correct?

Options

  1. a.

    1 only

  2. b.

    2 only

  3. c.

    Both 1 and 2

    Correct answer
  4. d.

    Neither 1 nor 2

Explanation

  • The National Adaptation Fund for Climate Change (NAFCC) is a central sector scheme, which was set up in the year 2015-16. The overall aim of NAFCC is to support concrete adaptation activities which mitigate the adverse effects of climate change. 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. The National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE).

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