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UPSC Prelims 2015 Q74: Environment & Ecology – International Environmental Treaties & Summits

UPSC Prelims 2015, General Studies Paper I · Environment & Ecology

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.
  1. (a) 1 only
  2. (b) 2 and 3 only
  3. (c) 1 and 3 only
  4. (d) 1, 2 and 3

Answer: (c) 1 and 3 only

Explanation

Forest Carbon Partnership Facility (FCPF)

Launched in 2008 and hosted by the World Bank.

StatementVerdictFact
1. It is a global partnership of governments, businesses, civil society and indigenous peoplesCorrectThis is how the FCPF describes itself
2. It provides financial aid to universities, individual scientists and institutions involved in scientific forestry researchIncorrectIt funds countries, not researchers
3. It assists the countries in their REDD+ efforts by providing them with financial and technical assistanceCorrectIts whole purpose is REDD+

Two funds of the FCPF:

FundPurpose
Readiness FundHelps countries prepare for REDD+
Carbon FundPays for verified emission reductions

Answer: (c) 1 and 3 only.

Why each option is right or wrong

Key point

FCPF (2008, World Bank): global partnership for REDD+; Readiness Fund and Carbon Fund; funds countries, not researchers.

Remember

FCPF = World Bank facility for REDD+.

Common mistakes

Exam tip

Carbon 'facility' or 'fund' = World Bank, and it pays countries for results.

Sources

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