Official Answer Key & Detailed Solution
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Correct Answer: Option (A) — It serves as a financial mechanism for ‘Convention on Biological Diversity’ and ‘United Nations Framework Convention on Climate Change’.
Concept & Option Breakdown
Standard Reference VerifiedThe Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit. It operates as an independent financial mechanism that provides grants for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants. It serves as the financial mechanism for five major conventions: CBD, UNFCCC, UNCCD, Stockholm Convention on POPs, and Minamata Convention on Mercury. It is not an OECD agency nor primarily a scientific research institute.
GEF is primarily a funding/financial mechanism for Rio conventions and MEAs, not a research body.
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