Prelims 2014 · Environment · Question 66
With reference to 'Global Environment Facility', which of the following statements is/are correct?
Answer
It serves as financial mechanism for 'Convention on Biological Diversity' and 'United Nations Framework Convention on Climate Change'
- (a) Correct. The Global Environment Facility (GEF) is a financial mechanism for major environmental conventions, including the Convention on Biological Diversity (CBD) and the UN Framework Convention on Climate Change (UNFCCC).
- (b) Incorrect. GEF mainly provides grants and concessional funding for environmental projects; it is not a body for undertaking global scientific research.
- (c) Incorrect. GEF is not an agency under OECD. It is an independent international financial mechanism involving multiple institutions like the World Bank, UNDP and UNEP.
- Therefore, only (a) is correct, so the answer is (a).