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With whom has the Goa State Government joined hands for Climate Finance Facility?
  • a)
    Asian Development Bank
  • b)
    New Development Bank
  • c)
    World Bank
  • d)
    World Economic Forum
Correct answer is option 'C'. Can you explain this answer?
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With whom has the Goa State Government joined hands for Climate Financ...
The Goa state government will set up a blended finance facility in partnership with the World Bank. This is the first of its kind, climate-focused, multi-sectoral initiative at the sub-national level. This will provide financial support to low-carbon climate friendly initiatives in Goa. The World Bank was established in the year 1944. Its headquarters is in Washington, D.C. Is in.
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With whom has the Goa State Government joined hands for Climate Financ...
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World Bank

The Goa State Government has joined hands with the World Bank for the Climate Finance Facility.

About the Climate Finance Facility

The Climate Finance Facility aims to support Goa in its efforts to address climate change challenges and implement sustainable development projects.

Objective

The main objective of this partnership is to provide financial assistance and technical support to the state government for climate-related projects and initiatives.

Benefits

- Access to funding: The Climate Finance Facility will provide access to funding for climate change adaptation and mitigation projects in Goa.

- Technical expertise: The World Bank will also offer technical expertise and guidance to help the state government implement effective solutions to combat climate change.

- Capacity building: The partnership will focus on capacity building within the state government to enhance its ability to address climate-related issues.

Conclusion

By partnering with the World Bank for the Climate Finance Facility, the Goa State Government aims to strengthen its efforts in tackling climate change and promoting sustainable development in the region.
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With whom has the Goa State Government joined hands for Climate Finance Facility?a)Asian Development Bankb)New Development Bankc)World Bankd)World Economic ForumCorrect answer is option 'C'. Can you explain this answer?
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