UPSC CSE Prelims
Question 76
With reference to 'Global Environment Facility', which of the following statements is/are correct?
View correct answer and explanation
Correct answer: A
Correct Option: A
Explanation: The Global Environment Facility (GEF) is a financial mechanism for major environmental conventions including the CBD and UNFCCC.
Option-wise Analysis:
A: Correct - Correct: GEF finances eligible biodiversity and climate-convention projects.
B: Incorrect - GEF primarily finances projects; it is not an organisation devoted to conducting all global environmental research.
C: Incorrect - It is not an agency of the OECD.
D: Incorrect - Incorrect because only statement (a) is accurate; (b) misstates its role.