India has recently signed a grant agreement for funding Sustainable Livelihoods and Adaptation to Cl...........

Environment and Ecology Environment- Institutional Structure

India has recently signed a grant agreement for funding Sustainable Livelihoods and Adaptation to Climate Change (SLACC) Project with World Bank (WB). Consider the following regarding the same:

1) National Rural Livelihoods Mission (NRLM) is the implementing agency of SLACC.

2) It will improve adaptive capacity of the rural poor engaged in farm-based livelihoods to climate change.

Select the correct statement/s using codes given below:

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Both the statements are correct.

A Grant Agreement for World Bank assistance of US$ 8 million for Sustainable Livelihoods and Adaptation to Climate Change (SLACC) Project has been signed between the Government of India and the World Bank.
The grant project is funded through the Special Climate Change Fund of US$ 8 million. SLACC project will help community institutions of the rural poor, particularly women farmers, to foster improved resilience in the production system in collaboration with government programs such as MKSP and MGNREGS.
The project aims to improve adaptive capacity of the rural poor engaged in farm-based livelihoods to cope with climate variability and change in Bihar and Madhya Pradesh and scale up the demonstrated best practices and lessons into the Government of India’s National Rural Livelihoods Mission.
National Rural Livelihoods Mission is the implementing agency.