Which of the following statements is are correct regarding the of Global Facility for Disaster Reduc...........

Geography Disasters and Management issues

Which of the following statements is/are correct regarding the of Global Facility for Disaster Reduction and Recovery (GFDRR)?

1. It provides technical assistance, capacity building, and analytical work to help vulnerable nations.

2. It contributes in the implementation of the Sendai Framework for Disaster Risk Reduction

3. It provide a grant-funding mechanism, managed by the World Bank

Choose the correct answer using the code below-

1 and 2 only

2 and 3 only

1 and 3 only

1, 2 and 3

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Explanation:

GFDRR is a global partnership which helps developing countries to better understand and reduce their vulnerability to climate change and natural hazards.

It involves a grant-funding mechanism, which is managed by World Bank. This grant funding supports disaster risk management projects throughout the world.
India was unanimously chosen by member countries as next co-chair of Consultative Group (CG) of Global Facility for Disaster Reduction and Recovery (GFDRR) for fiscal year 2020.