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Which of the following statements regarding ‘Green Climate Fund’ is / are correct?
1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.
2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World Bank
Select the correct answer using the code given below.
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following statements regarding ‘Green Climate Fund&...
The Fund is governed by the GCF Board. GCF is currently structured into two themes— mitigation and adaptation. GCF is a fund within the framework of UNFCCC. 
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Most Upvoted Answer
Which of the following statements regarding ‘Green Climate Fund&...
Green Climate Fund:
1. Correct Statement: It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.
2. Incorrect Statement: It is not founded under the aegis of UNEP, OECD, Asian Development Bank, and World Bank. The Green Climate Fund (GCF) was actually established by the United Nations Framework Convention on Climate Change (UNFCCC) in 2010 as part of the Convention's financial mechanism. It operates independently but is accountable to the Conference of the Parties (COP) of the UNFCCC.
Therefore, the correct answer is option 'A' - 1 only.
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Which of the following statements regarding ‘Green Climate Fund’ is / are correct?1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World BankSelect the correct answer using the code given below.a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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Which of the following statements regarding ‘Green Climate Fund’ is / are correct?1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World BankSelect the correct answer using the code given below.a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements regarding ‘Green Climate Fund’ is / are correct?1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World BankSelect the correct answer using the code given below.a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements regarding ‘Green Climate Fund’ is / are correct?1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World BankSelect the correct answer using the code given below.a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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