USD 25.3m Green Climate Fund To Address Climate Change Adaption In Bhutan
The project can help address climate change adaptation challenges facing Bhutan, particularly in the agriculture sector.
By Staff Reporter | Kuensel
On 10 January 2020, Bhutan’s Gross National Happiness Commission (GNHC) and the UNDP signed a project for a USD 25.3 million Green Climate Fund (GCF).
The project ‘Supporting Climate Resilience and Transformational Changes in the Agriculture Sector in Bhutan’ is expected to help the country prepare for and to adapt to climate change.
Aims of the Green Climate Fund
Chief of the Development Corporation Division of GNHC, Wangchuk Namgay, said the project will help bridge the resource gap of Bhutan’s 12th Five Year Plan.
Photo: Facebook/UNDP Bhutan
It will also help address climate change adaptation challenges facing the country, particularly in the agriculture sector.
The project will focus on enhancing the climate resilience of the rural population by supporting climate-resilient irrigation, sustainable land management practices, stabilisation of critical landslide-prone areas and providing climate information to the farmers to enable better planning of farming activities.
About the Green Climate Fund
The Green Climate Fund (GCF) is a new global fund created to support the efforts of developing countries to respond to the challenge of climate change.
GCF helps developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change.
It seeks to promote a paradigm shift to low-emission and climate-resilient development, taking into account the needs of nations that are particularly vulnerable to climate change impacts.
It was set up by the 194 countries who are parties to the United Nations Framework Convention on Climate Change (UNFCCC) in 2010, as part of the Convention’s financial mechanism.
It aims to deliver equal amounts of funding to mitigation and adaptation, while being guided by the Convention’s principles and provisions.
When the Paris Agreement was reached in 2015, the Green Climate Fund was given an important role in serving the agreement and supporting the goal of keeping climate change well below 2 degrees Celsius.
Source: Facebook/UNDP Bhutan
Responding to the climate challenge requires collective action from all countries, including by both public and private sectors.
Among these concerted efforts, advanced economies have agreed to jointly mobilize significant financial resources.
Coming from a variety of sources, these resources address the pressing mitigation and adaptation needs of developing countries.
How the Green Climate Fund can help Bhutan achieve the Sustainable Development Goals
“With a long history of strong partnership with the GNHC, both at the policy and community levels, UNDP is pleased to support this project and contribute to the government’s top priority and Sustainable Development Goals,” UNDP’s Resident Representative, Azusa Kubota said.
“With this project, there is a huge responsibility to shoulder in order to showcase Bhutan’s efforts in climate change action and elevate the fruits of our efforts on a global level,” she added.
The GNHC and UNDP will provide strategic and oversight roles to the project while the local government will implement the project with technical support from the National Centre for Hydrology and Meteorology, Department of Agriculture, as well as the Department of Roads.
This article first appeared in Kuensel and has been edited for Daily Bhutan.