Document Details |
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| Name of Department/Committee : | EED 01 |
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| Document Number : | EED 01 ( 25466) |
| Document Title [English] : | MECHANISM FOR FINANCING LOCAL ADAPTION TO CLIMATE CHANGE - PERFORMANCE-BASED CLIMATE RESILIENCE GRANTS REQUIREMENTS AND GUIDELINES |
| Document Title [Hindi] : | जलवायु परिवर्तन के स्थानीय अनुकूलन के वित्तपोषण के लिए तंत्र — प्रदर्शन - आधारित जलवायु लचीलापन अनुदान — अपेक्षाएं और दिशानिर्देश |
| Document Type : | New |
| Language : | English |
| Priority : | 3 |
| ICS Code : | 13.020.20 |
| Date of Project Approval : | 28-04-2024 |
| Standards to be Superseded : | |
Classification Details |
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| Group : | Chemicals, Plastics and their Products including packaging and Environment |
| Sub Group : | Environment management |
| Sub Sub Group : | Environmental Management |
| Aspects : | Code of Practice |
| Risk : | None |
| Certification : | None |
| Short Commom Man's Title : | FINANCING TO ADAPT CLIMATE CHANGE |
| ITCHS Code : | |
| Ministry : |
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| Sustainable development Goals : |
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| Degree of Equivalence : | Identical under single numbering |
| Identical/Equivalent Standards : | ISO 14093 : 2022 |
| Organization Type: | ISO |
Division Council Chairperson Approval Details |
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::Cross Referenced Indian Standard:: |
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::Cross Referenced International Standard(s) & Standard(s) Of National SDO(s) :: |
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| Sl.No. | Synosis Points | |
| 1 | This standard establishes an approach and methodology for a country-based mechanism to channel climate finance to subnational authorities to support climate change adaptation and to increase local resilience thereby contributing to the achievement of the goals of the 2015 Paris Agreement of the United Nations Framework Convention on Climate Change (UNFCCC) and UN Sustainable Development Goals (SDGs). The country-based mechanism uses performance-based climate resilience grants (PBCRGs) which ensure programming and verification of climate change expenditures at the local level, offering strong incentives for performance improvements in enhanced resilience. | |
| 2 | This standard applies to organizations such as national and subnational authorities, donors, companies, financial institutions, and international organizations that are involved in implementing a country-based mechanism for channeling climate finance to subnational authorities to support climate change adaptation and resilience. | |
Timeline Details |
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