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Consider the following statements regarding the International Tropical Timber Organisation:
  1. It is an intergovernmental organization which promotes sustainable management and conservation of tropical forests.
  2. All of its projects are funded by voluntary contributions from governments.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding the International Tropical...
Recently, the 59th International Tropical Timber Council (ITTC) concluded on November 17, 2023 with major decisions.
  • It is the governing body of the International Tropical Timber Organisation (ITTO).
  • It meets at least once a year to discuss a wide-ranging agenda aimed at promoting sustainable tropical forest management and the trade of sustainably produced tropical timber.
Key facts about International Tropical Timber Organisation
  • It is an intergovernmental organization promoting the sustainable management and conservation of tropical forests and the expansion and diversification of international trade in tropical timber from sustainably managed and legally harvested forests.
  • It was established under the International Tropical Timber Agreement 1983 (ITTA 1983), negotiated under the auspices of the UN Conference on Trade and Development. 
  • It facilitates funding for forestry projects in tropical timber producing countries.
  • All projects are funded by voluntary contributions from governments.
  • Members: 75 countries (including India)
  • Its members manage about 80 per cent of the world's tropical forests and are responsible for 90 per cent of the global tropical timber trade.
  • Headquarters: Yokohama, Japan
Hence both statements are correct.
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Community Answer
Consider the following statements regarding the International Tropical...
The correct answer is option 'C' - Both 1 and 2.

Explanation:
International Tropical Timber Organisation (ITTO) is an intergovernmental organization established in 1986. It aims to promote sustainable management and conservation of tropical forests, as well as the expansion and diversification of international trade in tropical timber from sustainably managed and legally harvested forests.

- ITTO is an intergovernmental organization: ITTO is an intergovernmental organization, which means it is composed of member countries that are represented by their respective governments. Member countries collaborate and make decisions on the organization's policies and activities.

- ITTO promotes sustainable management and conservation of tropical forests: One of ITTO's main objectives is to promote the sustainable management and conservation of tropical forests. It does this by providing technical assistance, capacity building, and financial support to member countries. ITTO promotes the implementation of sustainable forest management practices, the conservation of biodiversity, and the enhancement of forest ecosystem services.

- ITTO's projects are funded by voluntary contributions from governments: ITTO's projects are funded through voluntary contributions from member countries, as well as other donors. Governments contribute funds to support various projects and activities undertaken by ITTO. These funds are used to implement projects related to sustainable forest management, capacity building, research, and development.

In conclusion, the International Tropical Timber Organisation is an intergovernmental organization that promotes the sustainable management and conservation of tropical forests. Its projects and activities are funded by voluntary contributions from governments. Therefore, both statements given in the question are correct.
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Consider the following statements regarding the International Tropical Timber Organisation: It is an intergovernmental organization which promotes sustainable management and conservation of tropical forests. All of its projects are funded by voluntary contributions from governments.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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