The New Indian Express

Call to include climate adaptation intervention as variable in devolution of funds to states

The New Indian Express picks up the recommendation that the 16th Finance Commission treat adaptation as a variable when setting the formula for devolving funds to states.

Screenshot of the article as published by The New Indian Express.

VIZAG: India has a common framework for climate vulnerability assessments but hasn’t yet established one on climate risk. It also lacks a systematic methodology for evaluating the extent to which development programmes address climate risk and vulnerability. Besides, there are funding gaps in climate adaptation measures at the national and sub-national levels.

A recent report titled “Financing Adaptation in India,” by the Climate Policy Initiative, suggests various actions to mitigate the impacts of climate change and ensure sustained economic growth. It recommends that the 16th Finance Commission include adaptation-related interventions as a variable when setting the criteria and formula for devolution of funds to state governments.

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