Consider the following statements about the Phoenix Species Project: 1. The initiative is implemented under the Convention on Biological Diversity (CBD) and is financed through the Global Environment Facility (GEF). 2. It aims to support the recovery of 100 of the world's most threatened species through long-term funding and partnerships with local communities. Which of the statements given above is/are correct? |ForumIAS

Q. Consider the following statements about the Phoenix Species Project:
1.The initiative is implemented under the Convention on Biological Diversity (CBD) and is financed through the Global Environment Facility (GEF).
2.It aims to support the recovery of 100 of the world’s most threatened species through long-term funding and partnerships with local communities.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B

Notes:

Explanation: 2 only

Statement 1 is incorrect: The project is not a programme under the Convention on Biological Diversity (CBD) or the Global Environment Facility (GEF). It is a philanthropic initiative funded by Re:wild and the Bezos Earth Fund.

Statement 2 is correct: The Phoenix Species Project is a US$200 million global conservation initiative and aims to prevent the extinction of 100 of the world’s most threatened species by providing sustained support to local conservation organizations and Indigenous communities.

Source: IUCN

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS