With reference to the 'New York Declaration on Forests', which of the following statements are correct? 1. It was first endorsed at the United Nations Climate Summit in 2014. 2. It endorses a global timeline to end the loss of forests. 3. It is a legally binding international declaration. 4. It is endorsed by governments, big companies and indigenous communities. 5. India was one of the signatories at its inception. Select the correct answer using the code given below.

Option (a) is correct because the New York Declaration on Forests (NYDF) was launched at the 2014 UN Climate Summit as a multi-stakeholder, non-binding political declaration aiming to end global forest loss by 2030. The most tempting wrong statements are 3 and 5; the NYDF is voluntary (not legally binding) and India is not a signatory, which allows for the elimination of all other options. This question tests the ability to distinguish between binding treaties and voluntary international frameworks regarding global forest conservation and India's participation in them.