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Context: Recent data show that the central government grants released under the National Adaptation Fund on Climate Change (NAFCC) have declined steadily for the last five years.

Other details:

Grants released under NAFCC fell from Rs 115.36 crore in 2017-18 to Rs 42.94 crore in 2020-21, and Rs 27.76 crore (till December 2021) in the current year.

About NAFCC:

• It is a Central Sector Scheme which was set up in the year 2015-16.
• Aim:The overall aim of NAFCC is to support concrete adaptation activities which mitigate the adverse effects of climate change. 
• Mandate: The activities under this scheme are implemented in a project mode. The projects related to adaptation in sectors such as agriculture, animal husbandry, water, forestry, tourism etc. are eligible for funding under NAFCC.
• Implementing Entity:National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE).

https://indianexpress.com/article/explained/budget-climate-government-grants-7764151/