Q. With reference to LEAF Coalition, consider the following statements:
1. It aims to mobilize at least $1 billion for financing countries committed to protecting their tropical forests.
2. This initiative is one of the outcomes of the 2015 Paris agreement. Which of the statements given above is/are correct?
Answer: A
Notes:
- Statement 1 is correct: The initiative aims to mobilize at least $1 billion for financing countries committed to protecting their tropical forests. It is supported by corporations like Unilever plc, Amazon, Nestle and Airbnb.
- Statement 2 is incorrect: In April 2021, the LEAF (Lowering Emissions by Accelerating Forest Finance) Coalition was announced as a public-private effort led by the US, the UK and Norway.
Source: Article