Q. Warsaw International Mechanism (WIM) which was seen in news, is related to which of the following statement?

[A] It is a mechanism in which nuclear powered countries aim to reduce nuclear weapons.

[B] It is a global mechanism to tackle the menace of organized crime.

[C] It is a mechanism to compensate developing countries struck by climate disasters

[D] It is a new mechanism to resolve maritime disputes.

Answer: C
Notes:

Warsaw International Mechanism (WIM): The WIM for Loss and Damages, was set up in 2013. It was the first formal acknowledgement of the need to compensate developing countries struck by climate disasters.

– However, the progress on this front has been painfully slow. No funding mechanism, or even a promise to provide funds, has come about.

Source: Indian Express

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