With reference to LEAF Coalition, consider the following statements: It aims to mobilize at least $1 billion for financing countries committed to protecting their tropical forests. This initiative is one of the outcomes of the 2015 Paris agreement. 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: 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

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