India has received $ 1.16 billion in climate finance so far: Govt

India has so far received $1.16 billion for climate projects through the financial mechanism of the United Nations Framework Convention on Climate Change, the government informed Parliament on Thursday.

This amount includes $803.9 million from the Green Climate Fund, $346.52 million from the Global Environment Facility (for climate change focal area), and $16.86 million from the Adaptation Fund, according to a written reply in the Rajya Sabha by Union Environment Minister Bhupender Yadav. 

 

However, the majority of India's climate actions have been financed through domestic resources, he said.

The minister added India had been diligently working towards adaptation and resilience on a mission mode.

"Several policies and measures have been put in place across key economic sectors, keeping in mind the wide scope of adaptation activities," he said.

On the impact of climate change on farmers, Yadav said it was projected that crop yields might be adversely impacted in the absence of adaptation measures.

Several measures, including the National Mission for Sustainable Agriculture, have been taken up to deal with the impact of climate change on agriculture, Yadav said.

Successive Union Budgets have scaled up efforts towards mobilising resources for climate action, he added.

He said successive Union Budgets had increased resource mobilisation for climate action, with the 2023-24 budget prioritising greening the economy and the 2025-26 budget introducing measures to enhance resilience and reduce vulnerabilities to climate change, particularly in agriculture and allied sectors.

Major measures announced in the 2025-26 budget include the PM Dhan-Dhaanya Krishi Yojana, National Mission on High Yielding Seeds, six-year Mission for Aatmanirbharta in Pulses, comprehensive programme for vegetables and fruits, establishing a framework for sustainable harnessing of fisheries in exclusive economic zones and high seas, among others.

"These measures are adaptation strategies in the long run," Yadav said.

The minister said India's climate actions were integrated into various programmes and schemes across multiple sectors, with the National Action Plan on Climate Change providing the overarching framework for these initiatives.