74.With reference to ‘Forest Carbon Partnership Facility’, which of the following statements is/are correct?
It is a global partnership of governments, businesses, civil society and indigenous peoples.
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.
It assiststhe countriesin their ‘REDD+ (Reducing Emissions from Deforestation and Forest Degradation+)’ efforts by providing them with financial and technical assistance. Select the correct answer using the code given below: a) 1 only b) 2 and 3 only c) 1 and 3 only d) 1, 2 and 3
The correct answer is 1 and 3 only.
Forest carbon partnership facility
It is a collaboration of governments, businesses, civil society, and Indigenous people. Hence, Statement 1 is correct.
It is focused on reducing emissions from deforestation and forest degradation, forest carbon stock, and conservation of the sustainable management of forest and forest carbon stocks in developing countries.
It came into force in June 2008.
It complements REDD+ by creating awareness of its readiness and future systems.
Objectives of the forest carbon partnership facilities are:
To assist countries in their REDD+ efforts by providing them with essential financial and technical assistance resulting in capacity building. Hence, Statement 3 is correct.
To pilot a performance-based payment system ensuring equitable benefit sharing.
Ways to sustain or enhance the livelihood of local communities and to conserve biodiversity.
To disseminate knowledge gained in the development of the facility and the implementation of readiness preparation proposals.
It does not provide 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. Hence, Statement 2 is not correct.
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