Consider the following statements about BIOFIN:
Which of the above statements is/are correct
Consider the following statements about BIOFIN:
Which of the above statements is/are correct
The correct option is B 2 and 3 only
The Environment Ministry recently held a two-day National Stakeholder Consultation Meeting on Biodiversity Finance Initiative to conserve India’s biodiversity.
The Biodiversity Finance Initiative (BIOFIN) is a global partnership that helps government’s cost, plan and pay for action on biodiversity conservation and its sustainable use. It was launched in 2012 by United Nations Development Programme (UNDP). BIOFIN aims to implement comprehensive national resource mobilization strategies at national level.
BIOFIN makes recommendations to help the countries priority identify financing mechanisms – regarding aspects such as institutional requirements, laws and regulations, taxes and fees, identification of legal thresholds, removal of biodiversity-harmful incentives, further feasibility studies and implementation plans, certification processes, public-private-partnerships, voluntary agreements, etc.
2 and 3 only
The Environment Ministry recently held a two-day National Stakeholder Consultation Meeting on Biodiversity Finance Initiative to conserve India’s biodiversity.
The Biodiversity Finance Initiative (BIOFIN) is a global partnership that helps government’s cost, plan and pay for action on biodiversity conservation and its sustainable use. It was launched in 2012 by United Nations Development Programme (UNDP). BIOFIN aims to implement comprehensive national resource mobilization strategies at national level.
BIOFIN makes recommendations to help the countries priority identify financing mechanisms – regarding aspects such as institutional requirements, laws and regulations, taxes and fees, identification of legal thresholds, removal of biodiversity-harmful incentives, further feasibility studies and implementation plans, certification processes, public-private-partnerships, voluntary agreements, etc.
