The National Bank for Agriculture and Rural Development (Nabard) signed an agreement with Green Climate Fund (GCF) to infuse $100 million into the project designed to unlock private sector initiatives for creation of rooftop solar power capacity across India. The $250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through Nabard, which is the National Implementing Entity (NIE) for the UNFCC-promoted Fund that supports the efforts of developing countries to respond to the challenge of climate change as per reports. Notably, India, which hosts International Solar Alliance, has an ambitious vision of creating 100 gw solar power capacity. These funding mechanisms are being used to aid the interventions of several state governments in the areas of water, irrigation, fisheries, dairy farming, renewables in agriculture, coastal ecosystem, etc.