New Delhi, March 6 -- The National Bank for Agriculture and Rural Development (NABARD), in collaboration with Gates Foundation and Dalberg Advisors, has launched the National Climate Stack Innovation Challenge, a national initiative aimed at strengthening Indias climate resilience architecture by building the foundational layers of a National Climate Stack for rural India.

The initiative comes amid intensifying climate risks in the country, with heatwaves, floods, droughts and cyclones placing growing pressure on agriculture and rural livelihoods, reported The Economic Times.

Although climate data availability has improved in recent years, near-term hazard forecasting remains fragmented across multiple datasets and siloed models. Existi...