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Question

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

1. It provides direct financial support to individual farmers for crop loss due to climate change.

2. It is managed by the Ministry of Environment, Forest and Climate Change.

3. It funds projects proposed by State and Union Territory governments.

The correct answer is

Only 2 and 3 are correct

Only 2 and 3 are correct is correct.

Statement 1 is incorrect. The National Adaptation Fund for Climate Change (NAFCC), set up in August 2015 as a Central Sector Scheme, funds adaptation projects; it does not give direct compensation to individual farmers for crop loss (that is the role of crop insurance such as PMFBY).

Statement 2 is correct. The fund is under the Ministry of Environment, Forest and Climate Change, with NABARD acting as the National Implementing Entity.

Statement 3 is correct. It supports concrete adaptation projects proposed by State and Union Territory governments in vulnerable sectors such as agriculture, water, forestry and coastal areas.

So only statements 2 and 3 are correct.

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Similar Questions

  1. What is the name of the global summit for Climate Change 2021 in which the Indian PM pledged a net zero emissions target?

  2. The Vienna Convention is related to ________.
  3. Consider the following statements regarding India's Green Credit Programme:
    1. It provides credits for verified voluntary environmental actions like afforestation and water harvesting.
    2. It operates under the Environment (Protection) Act, 1986.
    3. Credits are tradable and recognized by financial institutions.

  4. As per the Forest (Conservation) Amendment Act, 2023, which of the following categories of land is not covered under the provisions of the Act?

  5. Consider the following statements on India's updated NDCs:

    1. India committed to reduce emissions intensity of its GDP by 45% by 2030.

    2. India aims to achieve 50% cumulative electric power installed capacity from non-fossil sources by 2030.

    3. India will achieve net-zero emissions by 2035 as per current NDC.


Important Questions from Environment Policies Acts and Conventions

  1. What is the name of the global summit for Climate Change 2021 in which the Indian PM pledged a net zero emissions target?

  2. Which of the following statements is/are true?

    (A) COP28 is proposed to be held in New Delhi, India.

    (B) The first UN Climate Change Conference was held in 1995.

    (C) The first UN Climate Change Conference was held in Paris, France.

  3. Which country has introduced new HS codes for GI-tagged rice exports?

  4. Which key government initiative was highlighted at the ‘Waste Recycling and Climate Change 2025’ conclave for waste management?

  5. Where the UN Climate Change Conference-2018 was held?

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