nabard on climate change

7/23/2019 NABARD on Climate Change

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Taking Rural India >> Forward

NABARDs Experience in Climate Finance

Dr. B. G. MukhopadhyayChief General Manager

National Bank for Agriculture and Rural Developme

Head Office, Mumbai (INDIA), www.nabard.org
http://www.nabard.org/http://www.nabard.org/


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About NABARD

Development Finance Institution owned by Government of India with

mandate for sustainable agriculture and rural development

Products & Services include : NRM interventions, credit facilitation, rurinfrastructure development, micro finance, financial inclusion, etc.

Financial intermediation through credit and developmental interventio

Supervision of Rural Financial Institutions

Balance Sheet Size: USD 47.6 Billion


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NRM Based Initiatives

Participatory WatershedDevelopment Programmes (> 1.8million ha)

Tribal Development Projects for

sustainable livelihoods (> 5.0 lakhtribal families)

Sustainable farming systemapproaches (SRI, SSI, SWI) throughtechnology transfer funds

Innovative Financial M

UPNRM: replacement of irrenergy plantations, renewaprojects ( loan based NRM pcommunity)

NIDA: canal top solar syste

efficiency improvement in (financial product develope

Technical Support for sustainable agriculture pr

for irrigation wells, o

Climate Finance: Major initiatives by NABA


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NABARDNRM PORTFOLIO

Watershed Projects

Coverage of 1.78 m ha in1830 watershed projects,1.39 million people across3424 villages covered

Total support US$ 279million (INR 16783million)

Supported from dedicated

funds as grant and / orloan for participatorywatershed projects

Tribal Devt. Projects

610 projects covering 0.47 mtribal families

US$ 345 million (INR 19000m) grant assistance for Agri-horti based livelihoodcovering 0.4 m ha

US$ 20.8 million (INR 1354M) credit assistance to

community institutions forinvestment in value additionand marketing

UP

Sectors Agricultuharvest marketin

276 projoutlay omillion (million)

Need baassistan

Other Interventions

Farmers Technology Transfer Fund (FTTF) innovation like farmers club pro(about 1.5 lakh clubs), lead crop scheme, village development programmemodel, etc.


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Community based adaptation practices water budgeting, crop planning, adaptive and

agronomic practices and irrigation manageme

Climate ChangeAdaptation inMaharashtra

Tamil Nadu and Rajasthan

Improves effectiveness of watershed investm

building climate resilience

Climate Proofing in

Watershed Projects

Weather input by IMD, crop advisoKVKs, service delivery through fam

Crop and WeatherAdvisory Services

model

Pilot Projects on Climate Change



Accredited as NIE in July 2012

NABARD has generated many feasibleprojects on climate change adaptation

Three project under implementation(US$ 5.0 million)

Projects aim at mainstreamingadaptation in various livelihood sectors.

NABARD as NIE for Adaptation Fund (AF

Integrated Mangrove F

Localised Weather Ad



Accredited as NIE for GCF in 10thGCF Board Meeting

Projects with low emission pathways and paradigm shift

Aims at development of resilient livelihood systems

Aims at Promotion of Climate Smart Agricultural Practices

NABARD as NIE for Green Climate Fund (GCF


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Development of model banking schemesfinancial products

Capacity building of rural financial institutions for project fin

Development of sustainable banking standards for project fi

Conceptualised, nurtured and mainstreamed largest micro finanin the workSHG Bank linkage programme

Role of N B RD in mainstreaming sustainable

finance in India


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Experience related to accreditation to Adaptation Fund and GCF

Technical Manpower with experience in Climate Change Proj

Experience in handling large projects/ programmes and policfinance

NABCONS : Fully owned subsidiary aimed for Consultancy Suppo

N B RDs Key strengths under Climate Finance


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Development project pipeline as per specific requirements

Development of financially viable projects

Limited capacity for project development & management

Capacity building of large no. of stakeholders

Integrating climate change adaptation in development planning /

Key Challenges for accessinginternational climate finance


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GCF AccreditationNational Process

1. Finalization of National Designated Authority or Focal Po

2. Top Management / Board Approval for applying to GCF3. Identification of NIE Focal Points

4. Registration with On-line Accreditation System of GCF bsubmitting institutional credentials: governing instrumebusiness permit, signing authority documents, etc. (Dec

5. Call for proposal by NDA open advertisement (mid Jan6. Nomination of NABARD as NIE by NDA for subm

proposals to GCF (Feb 2015 first week)

7. As NIE for AF NABARD was eligible for fast track accredi


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GCF AccreditationDecisions Required at NIE lev

GCF accreditation is based on fit for purpose criteria

NIE need to decide on following for application:

Fiduciary functions: shapes how the implementing entity or iwill operate using the Funds resources (e.g., grants, concesequity, guarantees)

Size of project/activity within a programme: micro, small, med

Environmental and social risk category: high riskA/Intermediation I (I-1), medium Category B/I-2, low/no Categ

Documentary evidences depends on the type of certain fiduciasize of project/activity within a programme, and environmental r


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GCF AccreditationProcess


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Documentary evidences need to be collected in a logicalmanner in soft format

Internal processes understood and aligned with the GCFrequirements

Timeliness in the responses to the queries raised by GCF very critical

Communicate with GCF Accreditation team for anyclarifications

Dedicated team to work round the clock

Key Challenges


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Thank you !

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nabard on climate change

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