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 Emission from Deforestation and Forest Degradation+)’ efforts by providing them with financial and technical assistance. Select the correct answer using the code given below
Explanation
Statement 1 is correct: The Forest Carbon Partnership Facility is a global partnership of governments, businesses, civil society, and Indigenous Peoples 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).
Statement 2 is incorrect: The FCPF focuses on assisting developing countries with REDD initiatives, not funding individual scientific research.
Statement 3 is correct: To assist countries in their REDD efforts by providing them with financial and technical assistance in building their capacity to benefit from possible future systems of positive incentives for REDD.