Making Generic Adaptation Decision Framework (GADF) as a part of Green climate fund will strengthen adaptation and mitigation framework of poorer countries against climate change. Explain (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 5 years
KEY POINTS
Historically, mitigation projects have always been preferred for funding over adaptation projects.
But, the Green Climate Fund (GCF) remained a rare exception, offering funding for both mitigation and adaptation, while being guided by the UNFCCC principles and provisions.
Adaptation funding
· The GCF’s emphasis on involving trust and fund management capacities of both recipient country governments and implementing entities have made access to large-scale funding difficult.
· The GCF also insists on genuine adaptation projects, not development proposals dressed up as adaptation, due to which adaptation projects from Bangladesh and Ethiopia have been rejected lately.
· A solution for this may be found in the Generic Adaptation Decision Framework (GADF).
· The GADF has been proposed to help rationalise between choices of in-situ adaptation (adaptation in the vulnerable region) and managed retreat (movement to safer regions).
Sundarbans delta
· This has an application in the Sundarbans delta, which has been encountering a relative-mean-sea-level rise of the Bay of Bengal at the rate of 8 mm/year over the last decade, and is subject to regular instances of land-loss and disappearance of islands.
· The proportion of high intensity events (cyclones) appears to be increasing, possibly as a result of rising sea surface temperatures.
· In the face of this ferocity of climate change, a long-term strategy for adaptation and mitigation for the delta is proposed by the WWF India Vision 2050, in the form of a managed retreat of population by 2050.
· Generally speaking, a refined GADF and its application could be part of a GCF grant programme, while implementation could be a mix of loan, equity, guarantee, and results-based payments.
· Since the GCF is required to channelise up to $100 billion from 2020 annually to the developing countries for both mitigation and adaptation projects, recourse to a refined GADF could serve all the constituencies well.
Vendhan 5 years
Tn ku
IAS Parliament 5 years
Good answer. Keep writing.
Shivangi 5 years
Please review. Thank you.
IAS Parliament 5 years
Good answer. Keep Writing.
Jeevan 5 years
Please review
IAS Parliament 5 years
Information about GCF is not needed, try to argue why GCF has to be a part of GADF. Keep Writing.
Shantanu tiwari 5 years
Please review
IAS Parliament 5 years
Good answer. Keep Writing.