Question: Which of the following statements regarding ‘Green Climate Fund’ is/are correct?
- It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.
- 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.