Page 5 - GIZ CAFRI Report

Foreword

P.V.S. Suryakumar
Deputy Managing Director
NABARD

India is one of the fastest growing As a development bank, NABARD million). ese interventions are
economies in this century. It is also is rmly committed for fostering aimed at climate resilient
the world’s third largest emitter of rural development that ensures agriculture, water conservation &
Green House Gases (GHG) after equitable end sustainable management, forest ecosystems,
China and the United States. India development. NABARD through its climate smart livestock
ranks seventh in the list of countries various initiatives and programmes management, coastal resource
worst hit by the extreme events like Watershed Management, Tribal management, integration of
induced by climate change, as per Development and Nature Resource renewable energy technologies,
the Global Climate Risk Index 2020. Management have made a positive capacity building of the
impact for the holistic and inclusive communities in preserving natural
Government of India has shown a development of rural areas and resources, improvised farming
very strong commitment towards mitigating the adverse impacts of practices like integrated mountain
combating climate change at the climate change. NABARD is the farming, climate-resilient crop
recently concluded CoP26 at rst and only National cultivation and livestock rearing.
Glasgow, by announcing that India Implementing Entity (NIE) in India
will reduce the total projected carbon of Adaptation Fund under United NABARD will continue to
emissions by one billion tones by the Nations Framework Convention on spearhead such best practices
year 2030 and subsequently India Climate Change (UNFCCC) and towards addressing the challenges of
will achieve the target of Net Zero National Adaptation Fund for climate change through a robust
emissions by the year 2070. Climate Change (NAFCC) framework encompassing banking,
instituted by Ministry of improvisation of natural resources
Agriculture sector is vital for India’s Environment, Forests and Climate and creating new opportunities for
economy. Marginal, small, and Change (MOEF&CC). NABARD the stakeholders for climate
medium farmers dominate is the rst Direct Access Entity adaptation and mitigation.
agriculture in India. Climate change (DAE) of India under Green
is now an additional burden for Climate Fund (GCF) of UNFCCC. is is our humble endeavor - a
these vulnerable communities. e digital ipbook showcasing climate
contribution of anthropogenic NABARD has mobilized nancing change interventions which worked
emissions from the small of 40 innovative and high impact & delivered results. We wish that
farmer-oriented agriculture is climate projects with a total this would be a valuable resource
minimal. With the change in rainfall nancial outlay of Rs. 1853 crore material for students, researchers,
patterns, rise in temperature and (USD 257.21 million) towards scientists, and policy makers. e
atmospheric carbon dioxide (CO2), climate action. e breakup of these end goal is that we all must strive to
crop yields could be severely projects is as follows. Eight projects realize & achieve low-emission
aected. Consequently, the funded by the AF (Rs. 60.94 crore / carbon pathways for sustaining the
livelihoods of a vast population, who USD 9.85 million), thirty projects environment and humanity.
rely on agriculture directly or funded by the NAFCC (Rs. 847.47
indirectly as a primary source of crore/ USD 113 million), and two
income will be adversely impacted projects funded by the GCF
by climate change. (Rs.938.16 crore / USD 134.36

05
Climate Change Interventions of
NABARD – A Glimpse