world_organizations medium MCQ

Which World Bank initiative provides concessional financing and technical assistance to help low-income countries build climate resilience, transition to clean energy, and protect natural capital?

  1. Climate Investment Funds
  2. Global Environment Facility
  3. Green Climate Fund
  4. All of the above

Answer: All of the above

The World Bank Group channels climate finance through multiple vehicles: CIFs (scaled-up pilot programs), GEF (biodiversity, land degradation), and GCF (largest dedicated climate fund). These resources support mitigation, adaptation, and capacity building aligned with national development priorities and Paris Agreement goals.

Topic World Bank
Exam Relevance Banking, UPSC, SSC
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