Current Affairs · Environmental Agreements and Initiatives
The Tropical Forest Forever Facility (TFFF) is described as unique due to which structural characteristic?
- 1It relies exclusively on carbon credits.
- 2It functions as an interest-generating financial mechanism to pay countries for keeping forests standing.✓
- 3It is controlled entirely by private commercial banks.
- 4It operates only through decentralized cryptocurrency networks.
Correct answer
It functions as an interest-generating financial mechanism to pay countries for keeping forests standing.
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