Question

29. Consider the following statements related to Global Environment facility ( GEF)

i. The GEF is the largest public funder of projects to improve the global environment.

ii. The GEF also serves as financial mechanism for United Nations Framework Convention on Climate Change (UNFCCC)

Which of the above statements is/are correct?

• A. a) Only i
• B. b) Only ii
• C. c) Both
• D. d) None

Answer 1

The correct option is C

c) Both

Ans 29 C

Explanation: The Global Environment Facility, (GEF) unites 183 countries in partnership with international institutions, civil society organizations (CSOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives. Today the GEF is the largest public funder of projects to improve the global environment. An independently operating financial organization, the GEF provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.

The GEF also serves as financial mechanism for the following conventions:

• Convention on Biological Diversity (CBD)

• United Nations Framework Convention on Climate Change (UNFCCC)

• UN Convention to Combat Desertification (UNCCD)

• Stockholm Convention on Persistent Organic Pollutants (POPs)

• Minamata Convention on Mercury