Green Climate Fund for 3 Indian states for climate resilience |
India on Wednesday kicked-off a 43 million dollar project to boost climate resilience in three coastal states in partnership with the United Nations Development Programme. It is seen as a move that may positively impact over 10 million people living on the Indian coastline. The project is funded by the Green Climate Fund, established within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) to assist developing countries. The project which is which span for 6 years, will build climate-resilient livelihoods for 1.7 million people in Andhra Pradesh, Maharashtra and Odisha, offset 3.5 million tonnes of carbon, protect vulnerable ecosystems. India`s coastal areas are quite vulnerable to climate change and it has seen increased floods and cyclones. This initiative will help enhance resilience and adaptability, leading to emissions reductions and support sustainable livelihoods. The Indian government will finance an additional 86.8 million dollars towards the new project to mainstream and accelerate the impacts of the Green Climate Fund grant. It establishes India as a leader on climate action, and marks an essential step for India to reach its goals outlined in the Paris Agreement and 2030 Agenda for Sustainable Development.
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