GyanGramWith reference to ‘Forest Carbon Partnership Facility’, which of the following statements is/are correct? 1.…
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With reference to ‘Forest Carbon Partnership Facility’, which of the following statements is/are correct?
1. It is a global partnership of governments, businesses, civil society and indigenous peoples.
2. It provides financial aid to universities, individual scientists and institutions involved in scientific forestry research to develop eco-friendly and climate adaptation technologies for sustainable forest management
3. It assists the countries in their ‘REDD+ (Reducing Emission from Deforestation and Forest Degradation+)’ efforts by providing them with financial and technical assistance.
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• Correct Answer: C
• FCPF is a World Bank-managed global partnership for REDD+ readiness; has Readiness Fund and Carbon Fund.
• It does not fund university research; assists countries, not individual scientists.
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