Official Answer Key & Detailed Solution
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Correct Answer: Option (C) — 1 and 3 only
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is correct: The Forest Carbon Partnership Facility (FCPF), managed by the World Bank, is a global partnership comprising national governments, businesses, civil society, and Indigenous Peoples' organizations. Statement 2 is incorrect: FCPF does not grant research funding to individual scientists or universities; instead, it operates through two core funds (Readiness Fund and Carbon Fund) to channel performance-based finance and institutional capacity to developing countries. Statement 3 is correct: It assists participating developing countries in developing national REDD+ strategies and measuring, reporting, and verifying (MRV) forest carbon emission reductions.
Statement 2 depicts an overly specific academic grant mechanism uncharacteristic of major multilateral climate financing mechanisms like FCPF.
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