With reference to ‘Global Climate Change Alliance’, which of the following statements is/are correct? 1. It is an initiative of the European Union. 2. It provides technical and financial support to targeted developing countries to integrate climate change into their development policies and budgets. 3. It is coordinated by the World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD). Select the correct answer using the code given below:
Explanation
Statement 1 is correct: The GCCA was established by the European Union to enhance climate cooperation with developing nations, particularly Least Developed Countries (LDCs) and Small Island Developing States (SIDS).
Statement 2 is correct: A core objective of the GCCA is to provide technical and financial assistance to developing countries, helping them integrate climate change adaptation and mitigation into their national policies, development strategies, and budgets.
Statement 3 is incorrect: The GCCA is coordinated by the European Commission through its established political dialogue and cooperation mechanisms. It is not managed by the World Resources Institute (WRI) or the World Business Council for Sustainable Development (WBCSD).