With reference to 'Forest Carbon Partnership Facility', which of the f

With reference to ‘Forest Carbon Partnership Facility’, which of the following statements is/are correct?

1. It is a global partnership of governments, businesses, civil society and indigenous peoples.
2. It provides financial aid to universities, individual scientists and institutions involved in scientific forestry research to develop eco-friendly and climate adaptation technologies for sustainable forest management.
3. It assists the countries in their ‘REDD+ (Reducing Emissions from Deforestation and Forest Degradation+)’ efforts by providing them with financial and technical assistance.

Select the correct answer using the code given below.

1 only

2 and 3 only

1 and 3 only

1, 2 and 3

This question was previously asked in

UPSC IAS – 2015

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Statement 1 is correct; the Forest Carbon Partnership Facility (FCPF) is indeed a global partnership involving various stakeholders including governments, businesses, civil society organizations, and indigenous peoples. Statement 3 is also correct; FCPF’s primary objective is to assist developing countries in their REDD+ efforts (Reducing Emissions from Deforestation and Forest Degradation+) by providing them with financial and technical assistance to build their capacity for REDD+ implementation. Statement 2 is incorrect; while the facility supports activities related to sustainable forest management within the REDD+ framework, its focus is on supporting countries and specific REDD+ programs/projects rather than directly providing financial aid to individual scientists or universities for general scientific forestry research.

The Forest Carbon Partnership Facility (FCPF), administered by the World Bank, is focused on REDD+ readiness and implementation, providing financial and technical support to developing countries to reduce emissions from deforestation and forest degradation.

REDD+ is a framework created by the UNFCCC (United Nations Framework Convention on Climate Change) to guide activities that reduce emissions from deforestation and forest degradation in developing countries. The ‘+’ signifies the role of conservation, sustainable management of forests, and enhancement of forest carbon stocks. FCPF works towards building the necessary systems and capacity in developing countries to participate in future systems of positive incentives for REDD+.

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