Consider the following statements about the National Adaptation Fund for Climate Change NAFCC The Ce...........

Environment and Ecology (Easy) Envirnment and Climate Change

Consider the following statements about the National Adaptation Fund for Climate Change (NAFCC):

The Central Pollution Control Board has been appointed as the National Implementing Entity (NIE) of the fund

The Fund is used to assist State and Union Territories that are particularly vulnerable to the adverse effects of climate change

Which of the above statements is/are correct?

1 Only

2 Only

Both 1 & 2

Neither 1 nor 2

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Explanation:

First statement is incorrect because the National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) responsible for implementation of adaptation projects under the (NAFCC). Second statement is correct because the fund is used to assist State and Union Territories that are particularly vulnerable to the adverse effects of the climate change.