1. The Sharm el-Sheikh Implementation Plan emphasized the need to double funds to help communities better handle the challenges posed by climate change.
- This statement is correct. One of the outcomes of COP 27 was a plan to double funds to assist communities in managing the challenges brought about by climate change.
2. COP 27 succeeded in meeting the $100 billion per year funding target for climate finance.
- This statement is incorrect. COP 27 acknowledged that the target of $100 billion per year for climate finance had not been achieved yet, and a new goal (NCQG) was to be established before 2025.
3. India initiated the National Clean Energy Fund (NCEF) in 2012-13 to support clean energy projects and research.
- This statement is incorrect. India started the National Clean Energy Fund (NCEF) in 2010-11, not in 2012-13, to support clean energy projects and research.
Thus, only statement 1 is correct.
Option A: 1 Only