Environment & Ecology · International Climate Initiatives
What is the specific objective of the Clean Technology Fund, which operates as one of the two branches under the World Bank-administered Climate Investment Funds (CIF)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To promote the development and implementation of clean energy technologies.✓
- 2To provide financial compensation to vulnerable countries for unavoidable climate damages.
- 3To support specific initiatives like forest conservation and climate adaptation measures.
- 4To leverage private finance for global energy efficiency projects managed by the European Investment Bank.
Correct answer
To promote the development and implementation of clean energy technologies.
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