Current Affairs · Economy and Finance
Consider the following statements regarding the India Green Finance Facility (IGFF), recently mentioned in the context of climate finance: I. It aims to mobilise private capital for climate-friendly infrastructure and sustainable development projects in India. II. The facility focuses on sectors such as renewable energy, energy efficiency, and low-carbon technologies. III. It operates as a mechanism to blend concessional international climate finance with domestic investment in order to reduce the risk of green projects. Which of the statements given above are correct?
- 1I, II and III✓
- 2I and III only
- 3II and III only
- 4I and II only
Correct answer
I, II and III
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