About GCF
The Government of Odisha in partnership with National Bank for Agriculture and Rural Development (NABARD) is implementing "Ground water recharge and solar micro irrigation to ensure food security and enhance resilience in vulnerable tribal areas of Odisha; India, (Funded Activity: GCF-FP045)" through "Odisha Community Tank Development and Management (OCTDMS)", SPV under the DoWR. The GCF designated as an operating entity of the financial mechanism under Article 11 of the UNFCCC and established pursuant to the governing instrument having its Head Quarters at Songdo, Incheon, and Republic of Korea is assisting with a grant of USD 34.357 Million (Rs.226.76Cr) and Govt. of Odisha contribution (MGNREGA Convergence) will support the project with about 117.735 Million (Rs.777.05 Cr). There will be a community contribution of about USD 14.205 Million (Rs. 93.75Cr) through cash/ kind for the project.
