Q. The Systematic Observation Impact Bond recently in the news is:

[A] A bond issued by the World Bank to fund renewable energy projects

[B] A government initiative to provide insurance to farmers

[C] The world’s first impact bond on weather and climate data

[D] A carbon credit trading mechanism under the UNFCCC

Answer: C
Notes:

Explanation: The Systematic Observation Impact Bond is the world’s first impact bond focused on generating and improving weather and climate data.

Source- UNDP

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