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Maharashtra to raise $270 m from Green Climate Fund
August 9 , 2017
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• The 2030 Water Resources Group (2030WRG) will help the Maharashtra Government to raise $270 million from the Green Climate Fund, which will be invested in integrated watershed programmes such as Jalyukt Shivar Yojana.
• One of the areas of work under the platform will be acceleration of water use efficiency programme in irrigated areas, along with agriculture growth and income enhancement.
• It will also develop public-private-community partnership models for implementation of the programmes.
• The Green Climate Fund (GCF) is a new fund under the UN and is guided by the principles and provisions of the UN Framework Convention on Climate Change.
• The 2030WRG is hosted by the International Finance Corporation and is public-private-civil society collaboration for water resources reform in developing economies.
• Its ultimate aim is to close the gap between water demand and supply by the year 2030.
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