What is National Adaptation Fund for Climate Change (NAFCC) ?

National Adaptation Fund for Climate Change :

  • The National Adaptation Fund for Climate Change (NAFCC) is a Central Sector Scheme.
  • It 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. 
  • National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE). 
  • The States/UTs are required to prepare the project proposal in consultation with NIE i.e. NABARD. 
  • The project proposals are required to be approved by the State Steering Committee on Climate Change to be eligible for consideration under NAFCC. 
  • It is the discretion of the State Government to engage any organization to assist in project preparation, as per their requirement.