NABARD and CEEW Join Hands to Boost Climate-Resilient Agriculture and Green Rural Finance

The National Bank for Agriculture and Rural Development (NABARD) has signed a Memorandum of Understanding (MoU) with the Council on Energy, Environment and Water (CEEW) to enhance climate-resilient agriculture, expand green financing, and promote sustainable livelihoods. 

This partnership focuses on creating scalable, inclusive rural climate action models that support farmers and small enterprises in adapting to climate challenges.

Focus on Green Rural Finance and Livelihoods

The collaboration leverages NABARD’s extensive financial network and CEEW’s research and policy expertise to strengthen India’s transition toward a greener rural economy. 

The initiative will promote diversified livelihood options, including climate-smart agriculture, decentralised renewable energy enterprises, sustainable forestry, agroforestry, and green MSME ventures. It also aims to improve digital public infrastructure and foster innovative financial tools for green capital mobilisation.

Strengthening Climate Action and Carbon Markets

A key focus of the MoU is the integration of carbon and rural carbon markets to mobilise climate finance at scale. NABARD has already set up a Department of Climate Action and Sustainability (DCAS) to lead such initiatives and guide investments in climate-proofing rural projects. CEEW’s analytical insights will help develop policies to build institutional capacity, improve access to technology, and strengthen financial inclusion for climate-resilient agriculture.

NABARD Chairman Shaji K. V said, “This collaboration with CEEW will enable us to integrate advanced data systems and climate-resilient tools into our institutional ecosystem. Together, we aim to develop scalable solutions for climate-resilient agriculture, expand access to green finance, and enhance the adaptive capacity of India’s farmers and rural enterprises.”

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Conclusion

The NABARD–CEEW collaboration represents a major milestone in embedding climate resilience into India’s rural development agenda. By combining innovation, investment, and policy support, the partnership aims to transform rural India into a sustainable and climate-smart economy, empowering farmers and communities to thrive in the face of environmental challenges.

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