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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