Consider the following statements with respect to the National Adaptation Fund for Climate Change 1 ...........

Environment and Ecology Envirnment and Climate Change

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Consider the following statements with respect to the National Adaptation Fund for Climate Change.

1.NABARD is its implementing agency.

2.It is funded by the Green Climate Fund.

Which of the above statement/s is/are correct?

1 Only

2 Only

Both 1 and 2

None of the above

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Explanation:

Correct: The National Bank for Agriculture and Rural Development (NABARD) is indeed the implementing agency for the National Adaptation Fund for Climate Change.

Incorrect: The NAFCC is primarily funded by the Government of India, not by the Green Climate Fund. The fund was established to support concrete adaptation activities that mitigate the adverse effects of climate change.

Therefore, the correct answer is 1 only.