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UPSC Ecology And Environment Terms, Conventions, Policies and Reports Question Bank Terms, Conventions, Policies And Reports

  • question_answer
    Consider the following about Green Climate Fund (GCF).
    1. It was established under United Nations Environment Programme (UNEP).
    2. It is aimed at achieving the goal set out by United Nations Framework Convention on Climate Change (UNFCCC).
    3. It is a mechanism to redistribute money from the developed to the developing world.
    Choose the correct answer using the codes below. Codes:

    A) 1 and 2 only                 

    B) 2 and 3 only

    C) 1 and 3 only                 

    D) All of the above

    Correct Answer: B

    Solution :

    The Green Climate Fund (GCF) is a fund within the framework of the UNFCCC founded as a mechanism to redistribute money from the developed to the developing world, in order to assist the developing countries in adaptation and mitigation practices to counter climate change. The GCF is based in the new Song do district of Incheon, South Korea. It is governed by a Board of 24 members and initially supported by an Interim Secretariat.


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