Consider the following with reference to Critical Ecosystem Partnership Fund CEPF 1 It provides fund...........

Environment and Ecology Concept of Ecosystems

Consider the following with reference to Critical Ecosystem Partnership Fund (CEPF).

1. It provides funding and technical assistance to non-governmental organizations and private sector partners to protect critical ecosystems.

2. It is a joint initiative of United Nations Environment Fund (UNEP), World Economic Forum (WEP) and IUCN focussing on biodiversity hotspots.

Which of the above is/are correct?

1 only

2 only

Both 1 and 2

None

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Explanation:

Statement 1: It targets biodiversity hotspots in developing and transitional countries. It is a major leader in enabling civil society to participate in and benefit from conserving some of the world’s most critical ecosystems.
Statement 2: CEPF is a joint initiative of l'AgenceFrançaise de Développement, Conservation International, the European Union, the Global Environment Facility, the Government of Japan, the MacArthur Foundation and the World Bank.