Q74.
With reference to 'Forest Carbon Partnership Facility', which of the following statements is/are correct? 1. It is a global partnership of governments, businesses, civil society and indigenous peoples. 2. It provides financial aid to universities, individual scientists and institutions involved in scientific forestry research to develop eco-friendly and climate adaptation technologies for sustainable forest management. 3. It assists the countries in their 'REDD+ (Reducing Emissions from Deforestation +)' efforts by providing them financial and technical assistance. Select the correct answer using the code given below.
Answer
C
Explanation
The Forest Carbon Partnership Facility is a global partnership of governments, businesses, civil society and Indigenous Peoples. It is working to reduce emissions from deforestation and forest degradation, forest carbon stock conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries. The FCPF grants fund does not go to universities, individual scientists etc.