With reference to “Forest Carbon Partnership Facility”, which of the following statements is/are correct? 1. It is a global partnership of governments, bus

1. A. 1 only
2. B. 2 and 3 only
3. C. 1 and 3 only
4. D. 1, 2 and 3

Answer: C

Explanation

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. The four strategic objectives of the FCPF: 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+. To pilot a performance-based payment system for REDD+ activities, with a view to ensuring equitable benefit sharing and promoting future large-scale positive incentives for REDD+. Within the approach to REDD+, to test ways to sustain or enhance livelihoods of local communities and to conserve biodiversity. To disseminate broadly the knowledge gained in the development of the Facility and the implementation of Readiness Preparation Proposals (RPPs) and Emission Reductions Programs (ERPs). FCPF grants fund to developing countries but not to to universities, individual scientists and institutions.