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.
Show answer & explanation
Correct answer: B
Explanation
Correct Answer:
Only 2 and 3 are correct
Explanation:
Statement 1 is incorrect because the National Adaptation Fund for Climate Change (NAFCC) does not provide direct financial assistance to individual farmers for crop loss. Instead, it supports larger adaptation projects.
Statement 2 is correct because NAFCC is managed by the Ministry of Environment, Forest and Climate Change.
Statement 3 is correct because the fund supports adaptation projects proposed by State and Union Territory governments to address climate change impacts.
Key Points:
NAFCC supports climate change adaptation projects
It is not a direct benefit transfer scheme
Focus is on state/UT-level project implementation
Managed by MoEFCC
Additional Facts:
NAFCC is linked with the National Action Plan on Climate Change (NAPCC)
It focuses on reducing climate vulnerability
Projects include water conservation, agriculture resilience, and disaster risk reduction
Important Questions:
Q1: Does NAFCC provide direct compensation to farmers?
Answer: No
Q2: Which ministry manages NAFCC?
Answer: Ministry of Environment, Forest and Climate Change
Q3: What type of projects are funded under NAFCC?
Answer: State and UT-level climate adaptation projects