GS PrelimsEnvironmentInternational Initiatives for Monitoring and Mitigating Climate Change2015 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 and Forest Degradation+)' efforts by providing them with financial and technical assistance.
Select the correct answer using the code given below.
Correct Answer: Option C
Explanation
1. Statement 1 is correct. The Forest Carbon Partnership Facility (FCPF) is indeed described as a global partnership involving governments, businesses, civil society, and Indigenous Peoples' organizations, focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries (REDD+).
2. Statement 2 is incorrect. The primary focus of FCPF is to provide financial and technical assistance to countries for their REDD+ readiness activities and performance-based payments for verified emission reductions. It does not typically provide financial aid directly to universities, individual scientists, or institutions specifically for scientific forestry research to develop new technologies, although such research might be supported indirectly through national REDD+ programs.
3. Statement 3 is correct. This accurately describes the core function of the FCPF. It operates through two funds: the Readiness Fund, which helps countries prepare for REDD+ by developing strategies, reference levels, and monitoring systems, and the Carbon Fund, which provides payments for verified emission reductions achieved through REDD+ programs. It provides both financial and technical assistance for these REDD+ efforts.
4. Therefore, statements 1 and 3 are correct.
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