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Indian Economy - Understanding the basics of Indian economic system

14-Nov-19

India gets USD 43 million from Green Climate Fund

India Signed a USD 43 million project to boost climate resilience in three coastal states in partnership with the United Nations Development Programme (UNDP).
The project is funded by the Green Climate Fund, established within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) to assist developing countries.
The six-year project will build climate-resilient livelihoods for 1.7 million people in Andhra Pradesh, Maharashtra and Odisha, offset 3.5 million tonnes of carbon, protect vulnerable ecosystems, and benefit another 10 million people with improved shoreline protection.
It establishes India as a leader on climate action, and marks an essential step for India to reach its goals outlined in the Paris Agreement and 2030 Agenda for Sustainable Development.