UPSC Prelims 2015 Question:

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:

Explanation: 

• The Forest Carbon Partnership Facility (FCPF) is a global partnership of governments, businesses, civil society, and indigenous people's organisations focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries, activities commonly referred to as REDD+. So, statement 1 is correct
  
  
• It was Launched in 2008 and now works with 47 developing countries across Africa, Asia, and Latin America and the Caribbean, along with 17 donors that have made contributions and commitments totaling $1.3 billion.
  
  
• The FCPF supports REDD+ efforts through two separate but complementary funds.
  
  

• The FCPF Readiness Fund helps countries set up the building blocks to implement REDD+. This includes designing national REDD+ strategies, developing reference emission levels, designing measurement, reporting, and verification systems and setting up national REDD+ management arrangements, including proper environmental and social safeguards.
  
  
• The FCPF Carbon Fund pilots results-based payments to countries that have advanced through REDD+ readiness and implementation and have achieved verifiable emission reductions in their forest and broader land-use sectors. FCPF does not provide funding to universities, individual scientists, or institutions; only to developing nations. So, statement 2 is not correct and statement 3 is correct.
  
  

Therefore, option (3) is the correct answer.

Subject: Environment | Environmental Organisations and Conventions