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Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC)' The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts. 
 
Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of 
1. their higher level of per capita incomes.
 2. their large quantum of GDP.
 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below: 
  • a)
    1 only  
  • b)
    1 and 2 only  
  • c)
    3 only
  • d)
    1, 2 and 3 
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Climate change is a complex policy issue with major implications in te...
The correct answer is: C. their large contribution to the stock of GRGs in the atmosphere.
According to the passage, the Convention puts the responsibility for the provision of financial support on developed countries due to their large contribution to the stock of greenhouse gases (GHGs) in the atmosphere. This is because the developed countries are largely responsible for the current high levels of GHGs in the atmosphere, which is a major contributor to climate change. The passage does not mention per capita incomes or GDP as factors in this decision.
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Climate change is a complex policy issue with major implications in te...
Responsibility for Provision of Financial Support
- Reason: The Convention puts the responsibility for the provision of financial support on the developed countries because of:
- Large Contribution to GHGs: Developed countries have historically been the largest contributors to the stock of greenhouse gases (GHGs) in the atmosphere due to their industrialization and economic activities.
- Justification: This rationale is based on the principle of "common but differentiated responsibilities" enshrined in the Convention, which acknowledges that developed countries have a historical responsibility for causing climate change and therefore should take the lead in providing financial support to address it.
- Impact: By holding developed countries accountable for providing financial support, the Convention aims to ensure that the burden of addressing climate change is shared equitably among nations based on their historical contributions to the problem.
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Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?
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Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. 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 Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.
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Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. 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In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. 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In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. 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In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) The Convention squarely puts the responsibility for provision of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.Q. In this passage, the Convention puts the responsibility for the provision of financial support on the developed countries because of1. their higher level of per capita incomes. 2. their large quantum of GDP. 3. their large contribution to the stock of GRGs in the atmosphere. Select the correct answer using the code given below:a)1 only b)1 and 2 only c)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
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