NABARD to tap global climate capital for Indian agri sector, NABARD signs pact with ADB, Gates foundation to mobilise global finance for climate-resilient agriculture

The National Bank for Agriculture and Rural Development (NABARD) has teamed up with the Asian Development Bank (ADB) to help the farming sector tackle the adverse impact of climate change.The two organisations, in association with the Bill and Melinda Gates Foundation, will tap climate capital to fund agricultural, natural resources and rural development (ANR) initiatives.

      The collaboration is aimed at enhancing food security and climate financing in India’s ANR sector.

      NABARD will also receive support to formulate a climate financing policy and its adoption.

      The National Bank for Agriculture and Rural Development (NABARD) has teamed up with the Asian Development Bank (ADB) to help the farming sector tackle the adverse impact of climate change.

About NABARD (National Bank for Agriculture and Rural Development):