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 Emissions from Deforestation and Forest Degradation+)' efforts by providing them with financial and technical assistance. Select the correct answer using the code given below.
A
1 only
B
2 and 3 only
C
1 and 3 only
Correct Answer
D
1, 2 and 3
Explanation
Statements 1 and 3 are correct because the Forest Carbon Partnership Facility (FCPF) is a World Bank-hosted global partnership that provides technical and financial assistance to help developing countries implement REDD+ initiatives. Statement 2 is incorrect because the FCPF’s mandate is to support national-level capacity building and performance-based payments for emission reductions, rather than providing research grants to individual scientists or universities. The core concept being tested is the specific institutional framework and operational objectives of international climate finance mechanisms dedicated to forest conservation.
Climate Change & Forest ConservationForest Carbon Partnership Facility (FCPF) & REDD+Forest Carbon Partnership Facility (FCPF)REDD+deforestationforest degradationclimate changeglobal partnershipfinancial assistancetechnical assistance