Terms Conventions Policies And Reports Ques 39

Question: Which of the following statements regarding ‘Green Climate Fund’ is/are correct?
  1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.
  2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World Bank Select the correct answer using the code given below. Codes:

Options:

A) 1 only

B) 2 only

C) Both 1 and 2

D) Neither 1 nor 2

Show Answer

Answer:

Correct Answer: A

Solution:

  • The Green Climate Fund (GCF) is a fund within the framework of the UNFCCC founded as a mechanism to assist developing countries in adaptation and mitigation practices to counter climate change.