Podcast
Questions and Answers
What amount was disbursed for various initiatives under CCF and CCF-ID?
What amount was disbursed for various initiatives under CCF and CCF-ID?
- ₹ 5.00 crore
- ₹ 2.82 crore (correct)
- ₹ 1.50 crore
- ₹ 3.00 crore
Which organization provided support to the Technical Support Unit (TSU) set up at NABARD?
Which organization provided support to the Technical Support Unit (TSU) set up at NABARD?
- International Monetary Fund
- World Health Organization
- Asian Development Bank (correct)
- European Union
What framework was NABARD implementing in collaboration with the Ministry of Agriculture and Farmers Welfare?
What framework was NABARD implementing in collaboration with the Ministry of Agriculture and Farmers Welfare?
- Carbon Neutrality framework
- Sustainable Development Goals (SDG) framework
- National Agricultural Policy framework
- Voluntary Carbon Market (VCM) framework (correct)
Which body collaborated with NABARD for the Blended Finance Facility in Goa?
Which body collaborated with NABARD for the Blended Finance Facility in Goa?
What project aimed at assisting smallholder farmers was initiated in collaboration with NABCONS?
What project aimed at assisting smallholder farmers was initiated in collaboration with NABCONS?
What is the primary purpose of NABARD's new Department of Climate Action and Sustainability (DCAS)?
What is the primary purpose of NABARD's new Department of Climate Action and Sustainability (DCAS)?
Which digital public good did NABARD take over the hosting of?
Which digital public good did NABARD take over the hosting of?
Which international agency was not mentioned as part of the dialogue initiated post CoP 28?
Which international agency was not mentioned as part of the dialogue initiated post CoP 28?
Which funding mechanism facilitated the sanction of forty climate action projects amounting to ₹1971.56 crore?
Which funding mechanism facilitated the sanction of forty climate action projects amounting to ₹1971.56 crore?
What initiative was started concerning green literacy programs?
What initiative was started concerning green literacy programs?
What was the main objective of the Policy framework for Green Taxonomy issued by NABARD?
What was the main objective of the Policy framework for Green Taxonomy issued by NABARD?
How much financial assistance was disbursed under the Green Climate Fund (GCF) for two specific projects during the year?
How much financial assistance was disbursed under the Green Climate Fund (GCF) for two specific projects during the year?
Which foundation was involved in supporting the Technical Support Unit at NABARD?
Which foundation was involved in supporting the Technical Support Unit at NABARD?
What significant transition process did NABARD initiate during the financial year 2023-24?
What significant transition process did NABARD initiate during the financial year 2023-24?
What does SAPCC stand for in the context of identifying potential projects?
What does SAPCC stand for in the context of identifying potential projects?
Which fund was created with RBI approval to support innovative small and mid-size projects focused on adaptation?
Which fund was created with RBI approval to support innovative small and mid-size projects focused on adaptation?
What dual role does NABARD hold in funds related to climate action?
What dual role does NABARD hold in funds related to climate action?
Which organization was among those to implement projects receiving GCF funding from NABARD?
Which organization was among those to implement projects receiving GCF funding from NABARD?
What was the significant outcome of the digitization efforts for NAB DDM-MIS as of April 2024?
What was the significant outcome of the digitization efforts for NAB DDM-MIS as of April 2024?
Which year is targeted for the system-generated PLPs to be prepared onwards?
Which year is targeted for the system-generated PLPs to be prepared onwards?
What was a key reason for revisiting the various Circulars/Guidelines/Instructions?
What was a key reason for revisiting the various Circulars/Guidelines/Instructions?
What specific aspect of monitoring did the revised instructions focus on during 2023-24?
What specific aspect of monitoring did the revised instructions focus on during 2023-24?
What was the purpose of the Standard Operating Procedure (SoP) forwarded to all ROs?
What was the purpose of the Standard Operating Procedure (SoP) forwarded to all ROs?
Which of the following is NOT included in the digitization initiatives for PLP preparation?
Which of the following is NOT included in the digitization initiatives for PLP preparation?
How many states were involved in the initial pilot phase of the NAB DDM-MIS portal?
How many states were involved in the initial pilot phase of the NAB DDM-MIS portal?
What is the anticipated benefit of digitizing the preparation of PLPs?
What is the anticipated benefit of digitizing the preparation of PLPs?
Which revision occurred concerning the Monitoring Visit of Senior Officers at DDM Offices?
Which revision occurred concerning the Monitoring Visit of Senior Officers at DDM Offices?
What primary role of NABARD was reinforced through the review of SLBC meetings?
What primary role of NABARD was reinforced through the review of SLBC meetings?
What was the purpose of the memorandum presented to the Executive Committee of the Board on 30 November 2023?
What was the purpose of the memorandum presented to the Executive Committee of the Board on 30 November 2023?
In which states were the 19 Cluster Offices rolled out on a pilot basis during 2021-22?
In which states were the 19 Cluster Offices rolled out on a pilot basis during 2021-22?
Which institution was assigned the study on the evaluation of Cluster Offices?
Which institution was assigned the study on the evaluation of Cluster Offices?
What was one of the objectives of the Committee reviewing the Institution of DDMs?
What was one of the objectives of the Committee reviewing the Institution of DDMs?
How many Cluster Offices were rolled out in Tamil Nadu during 2022-23?
How many Cluster Offices were rolled out in Tamil Nadu during 2022-23?
What aspect related to DDMs was included in the Terms of Reference (ToR) of the Committee?
What aspect related to DDMs was included in the Terms of Reference (ToR) of the Committee?
When was the study report on the performance of Cluster Offices presented?
When was the study report on the performance of Cluster Offices presented?
Which of the following was NOT mentioned as a focus area for the Committee reviewing the DDMs?
Which of the following was NOT mentioned as a focus area for the Committee reviewing the DDMs?
During which meeting was the study report on Cluster Offices placed for review?
During which meeting was the study report on Cluster Offices placed for review?
What is the main objective of the ‘Integration of Watershed Development for Rehabilitation of Degraded Soils and Climate Change Adaptation’ programme?
What is the main objective of the ‘Integration of Watershed Development for Rehabilitation of Degraded Soils and Climate Change Adaptation’ programme?
How much total financial assistance is provided by KfW for the watershed development programme?
How much total financial assistance is provided by KfW for the watershed development programme?
What is the duration of the Prosoil project supported by GIZ?
What is the duration of the Prosoil project supported by GIZ?
Which organization is collaborating with NABARD to improve capacity building and policy formulation on climate change?
Which organization is collaborating with NABARD to improve capacity building and policy formulation on climate change?
How many ROs were reviewed by the Chairman during 2023-24?
How many ROs were reviewed by the Chairman during 2023-24?
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Study Notes
Introduction
- NABARD initiated the Department of Climate Action and Sustainability (DCAS) in FY 2023-24 to focus on climate action and sustainable operations.
- Functions as a Direct Access Entity (DAE) to the Green Climate Fund (GCF) and National Implementing Entity (NIE) to Adaptation Fund (AF).
- Facilitated the sanction of 40 climate action projects, totaling ₹1971.56 crore via GCF, AF, and NAFCC.
Major Developments (2023-24)
Policy Landscape
- Issued policy framework and guidelines for Green Taxonomy, aiding classification of NABARD’s portfolios as 'green.'
- Initiated transition towards Corporate Net Zero.
Climate Finance
- Created the Climate Change Fund - Interest Differential (CCF-ID) to support innovative adaptation projects.
- Re-accredited as DAE of GCF to enhance access to funding; ₹279.69 crore disbursed under GCF for projects by Tata Capital Ltd. and Odisha Community Tank Development & Management Society.
- Additional ₹2.82 crore disbursed for various initiatives under CCF and CCF-ID.
- Initiated development of green products such as climate-resilient dairy, solar agri pumps, rural electric mobility, and energy-efficient solutions.
Other Initiatives
- Established a Technical Support Unit (TSU) in collaboration with ADB, BMGF, and Intellecap to support climate finance efforts.
- Collaborated with the Ministry of Agriculture on Voluntary Carbon Market framework and signed MoUs for various initiatives.
- Hosted Data in Climate Resilient Agriculture (DiCRA) platform post CoP 28 for agricultural and food system innovations.
- Engaged with multiple international agencies like UNDP, ADB, and World Bank for collaborative projects.
Review of Credit Planning
- Presented a memorandum on performance in credit planning and the role of District Development Managers (DDMs) during the Executive Committee meeting in November 2023.
- 19 Cluster Offices rolled out in various states; evaluation studies were conducted for their performance.
Digitization Efforts
- Developed a portal for NAB DDM-MIS to streamline reporting, rolled out across 29 states.
- Initiatives underway to digitalize preparation of Potential Linked Plans (PLP) for the year 2025-26.
Revision of Guidelines
- Revised instructions regarding DDM monitoring visits considering changing roles and responsibilities.
- Reviewed the conduct of State Level Bankers’ Committee (SLBC) meetings to reinforce NABARD's credit planning role.
Externally Aided Projects
- Under KfW, NABARD is implementing a program focused on rehabilitation of degraded soils and climate change adaptation since 2016, supported by €19.5 million.
- Collaborating with GIZ for the "Soil Protection and Rehabilitation for Food Security" project in select Indian districts, with a grant of €18.885 million, expected to finish by December 2024.
- ADB aids NABARD for capacity building and policy formulation in climate change initiatives.
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