send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Consider the following statements regarding the Forest Carbon Partnership Facility (FCPF):
1. It is a specialized agency of the United Nations.
2. The FCPF assists countries in their REDD+ efforts by providing them with financial and technical assistance.
3. Activities of the FCPF are funded by the Green Climate Fund.
Which of the statements given above is/ are correct?
1 and 2 only
2 and 3 only
2 only
3 only
Option c is the correct answer. Statement 1 is incorrect: The Forest Carbon Partnership Facility is a global partnership of governments, businesses, civil society, and Indigenous Peoples focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries (activities commonly referred to as REDD+). Statement 2 is correct: The four strategic objectives of the FCPF: 1) To assist countries in their REDD+ efforts by providing them with financial and technical assistance in building their capacity to benefit from possible future systems of positive incentives for REDD+. 2) To pilot a performance-based payment system for REDD+ activities, with a view to ensuring equitable benefit sharing and promoting future large-scale positive incentives for REDD+3) Within the approach to REDD+, to test ways to sustain or enhance livelihoods of local communities and to conserve biodiversity. 4) To disseminate broadly the knowledge gained in the development of the Facility and the implementation of Readiness Preparation Proposals (RPPs) and Emission Reductions Programs (ERPs). Statement 3 is incorrect: The FCPF has two separate but complementary funding mechanisms, the Readiness Fund and the Carbon Fund, to achieve its strategic objectives. Both funds are underpinned by a multi-donor fund of governments and non-governmental entities, including private companies that make a minimum financial contribution of $5 million. 1) Contributors to the Readiness Fund are known as Donor Participants. 2) Contributors to the Carbon Fund are known as Carbon Fund Participants. 3) Developing countries participating in the FCPF (both funds) are known as REDD Country Participants. Whereas the Green Climate Fund was established by 194 countries that are party to the UN Framework Convention on Climate Change in 2010. It is designed as an operating entity of the UNFCCC’s financial mechanism and is headquartered in the Republic of Korea.
By: Parvesh Mehta ProfileResourcesReport error
Access to prime resources
New Courses