OPM-led Action on Climate Today secures India’s first Green Climate Fund project
It was announced on 7 April 2017 that the Government of Odisha will receive over $34 million from the Green Climate Fund (GCF) to launch its food security project. The proposal is supported by the OPM-led Action on Climate Today (ACT) programme, and is the first GCF proposal from any Indian state to get approved. It is also the only proposal, of the eight approved at this GCF board meeting, that is being implemented by a national entity rather than a multilateral agency.
The five-year project, which will be implemented by the National Bank for Agriculture and Rural Development, uses ground water recharge and solar micro irrigation to ensure food security and enhance resilience.
“The human impact of this project will be vast,” said Marcela Tarazona, OPM consultant and climate finance lead for ACT, “it should help strengthen the resilience of more than five million households currently living in areas with high levels of food insecurity, water scarcity and high climatic stress.”
Working closely with local government partners, ACT aims to reduce the negative effects of climate change in India, Afghanistan, Nepal and Pakistan. The programme helps integrate climate change into national and state policy making, planning and budgeting procedures, to better leverage climate finance and strengthen resilience. The programme is also helping governments to establish Climate Finance Units to attract more of the available share of international funding. Last October, ACT also assisted Pakistan in getting its first GCF proposal funded.
The Odisha proposal is the latest in a series of successes that ACT has had in supporting the building blocks for climate change policy development in South Asia – both in terms of assisting governments in developing proposals for accessing international climate funds and in converting the resultant resources into practical applications.