The finance ministry has set up a unit dealing with the issue of financing climate change under the department of economic affairs. The unit, to be headed by chief economic adviser, would work as the nodal agency in the finance ministry on all matters relating to climate change. Current government expenditure on adaptation to climate variability exceeds 2.6 per cent of the GDP, with agriculture, water resources, health and sanitation, forests, coastal zone infrastructure and extreme events, being specific areas of concern, according to a finance ministry working paper titled Designing the Green Climate Fund said.