Lok Sabha Question No. 5145 (UNSTARRED), answered on 2023-04-03
Subject: Climate Finance
Ministry: ENVIRONMENT,  FORESTS AND CLIMATE CHANGE
Asked by: Heena Vijaykumar Gavit, Unmesh Bhaiyyasaheb Patil, Sujay Radhakrishna Vikhepatil, Rita Bahuguna Joshi, Aparupa  Poddar, Shrikant Eknath Shinde, Krishna Pal Singh Yadav

## GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

## LOK SABHA UNSTARRED QUESTION NO. 5145

TO BE ANSWERED ON 03.04.2023

## Climate Finance

## 5145.   DR. HEENA VIJAYKUMAR GAVIT:

SHRIMATI APARUPA PODDAR:

DR. SUJAY RADHAKRISHNA VIKHEPATIL:

DR. SHRIKANT EKNATH SHINDE:

SHRI UNMESH BHAIYYASAHEBPATIL:

DR. KRISHNA PAL SINGH YADAV:

PROF. RITA BAHUGUNA JOSHI:

Will the Minister of ENVIRONMENT, FOREST AND CLIMATE CHANGE be pleased to state:

- (a) whether the Government has established any policy for climate finance in the country;
- (b) the total amount of funds allocated under the National Adaptation Fund for Climate Change (NAFCC)during the last three years;
- (c) whether the Government has been able to achieve its aims and objectives for NAFCC, if so, the details thereof;
- (d) whether the steps has been taken by the Government to promote private partnerships to fight climate change in the country, if so, the details thereof; and
- (e) whether it is a fact that there is no allocation of budget for National Climate Change Action Plan,  the  National  Adaptation  Plan  and  the  National  Mission  on  Himalayan Studies, if so, the details thereof?

## ANSWER

MINISTER  OF  STATE  IN  THE  MINISTRY  OF  ENVIRONMENT,  FOREST  AND CLIMATE CHANGE (SHRI ASHWINI KUMAR CHOUBEY)

(a)India  has  submitted  its  Nationally  Determined  Contribution  (NDC)  and  Long-term  Low Carbon Development Strategy under the Paris Agreement on a 'best effort' basis, keeping in mind the  development  imperatives  of  the  country.  The  concerned  Ministries/  Departments execute  India's  commitments  as  action  in  various  sectors  through  the  normal  budgeting process.  Further,  providing  new  and  additional  financial  resources  as  well  as  transfer  of technology to address the global climate change challenge are among the commitments and responsibilities of the developed countries under the United Nations Framework Convention on  Climate  Change  (UNFCCC) and  its  Paris  Agreement.  India  has  also  demanded  its  due share from such international financial resources and technological support.

(b)  and  (c)  The  National  Adaptation  Fund  for  Climate  Change  (NAFCC)was  launched  to support adaptation activities in the States and Union Territories (UTs) that are vulnerable to the  adverse  effects  of  climate  change.  Total  amount  of  funds  allocated  under  the  National

Adaptation Fund for Climate Change (NAFCC) during the last three years i.e. 2019-20, 202021 and 2021-22 is Rs. 240 crore (BE). Till date, 30 projects are sanctioned under NAFCC in 27 States and UTs. Some of these have been successfully completed/ closed and others are under  implementation.  The  projects  demonstrate  adaptation  activities  across  sectors  like water, agriculture, coastal, etc.

(d) The Government has taken various initiatives to encourage participation of private sector in India's climate action. India's NDC envisions, inter-alia , to better adapt to climate change by  enhancing  investments  in  development  programmes  in  sectors  vulnerable  to  climate change,  particularly  agriculture,  water  resources,  Himalayan  region,  coastal  regions,  health and  disaster  management.  The  National  Action  Plan  for  Climate  Change  (NAPCC),  the overarching  policy  framework  for  climate  action,  is  guided  by  the  principle  of  effective implementation  of  programmes  through  public  private-partnership  and  unique  linkages including  with  civil  society  and  local  government  institutions.  With  the  right  institutional mechanisms  put in place by the Government, Indian private sector participated in international carbon market. The Government  has notified the Energy Conservation (Amendment)  Act,  2022  on  19 th December  2022  which  includes  provisions  for  putting  in place a domestic carbon market.

Some other important programs that envision involvement of private sector for climate action in the country are Perform, Achieve and Trade (PAT) Scheme - one of the missions under the National Action Plan on Climate Change (NAPCC); Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme; Production Linked Incentive (PLI) Scheme for Automotive Sector, Advance Chemistry Cell (ACC) and high efficiency Solar PV Modules, etc.

(e)  No  Sir,  there  are  budgetary  allocations  to  Climate  Change  Action  Plan,    National Adaptation  Fund  for  Climate  Change,  National  Mission  on  Himalayan  Studies  as  central sector  scheme  for  current  fiscal  year  2022-23  and  as  non-scheme  expenses  for  fiscal  year 2023-24.

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