Current Affairs · Environment and Ecology
With reference to the 'Loss and Damage Fund' discussed under the United Nations Climate Change Conferences (COP), consider the following statements: 1) It was formally operationalized after the COP28 decisions. 2) It is hosted temporarily by the World Bank. 3) It exclusively funds mitigation projects in developing countries. Which of the statements given above is/are correct?
- 1Only 1, 2, and 3
- 2Only 2 and 3
- 3Only 1 and 3
- 4Only 1 and 2✓
Correct answer
Only 1 and 2
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