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Nabard’s Four Pillar Approach to Climate Change in Agriculture

1 min read
NABARD ARDNABARD Grade AState AAO
  • Accelerating Green Lending
    • Incorporate climate-related activities into financial products.
    • Partnering with rural financial institutions to build innovative financing products that are congruent with climate policy.
  • Market-Making Through Data Access
    • Climate Resilience by Data-Driven Solutions
    • Increase awareness of climate-related products and players.
    • Make sustainable agricultural practice adoption easier
  • Internal Green Transformation
  • Resource Mobilisation
    • Using blended finance, carbon funds, and green bonds to support climate-resilient projects.
    • Actively working with governments and multilateral agencies to establish a Carbon Fund for reducing emissions and sequestering carbon in agriculture.
  • Major Initiatives and Partnerships
    • Comprehensive Data Warehouse
  • Objective:
    • To legalize farmers, particularly tenant farmers, and enhance their access to credit and government schemes.
  • Partnerships:
    • Prepared with the collaboration of agencies such as UNDP.
  • Data Integration:
    • Crop data, farmers’ KYC, and land details would be integrated for informed decision-making and better financial services.
  • Vision for Climate-Resilient Agriculture
    • This multi-faceted approach underscores Nabard’s commitment to building a sustainable agricultural economy through the integration of green finance, data analytics, and global partnerships as a way to address the challenges of climate change.
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