Q. With reference to the Riyadh Global Drought Resilience Partnership, consider the following statements:
1.One of its aims is to develop new drought-resistant crop varieties.
2.The Partnership’s funding approach includes carbon credits trading.
Which of the statement(s) given above is/are correct?
Answer: A
Notes:
Explanations –
Statements 1 is correct. The Partnership promotes sustainable agriculture, including the development and use of drought-resistant crops to enhance resilience against droughts.
Statement 2 is incorrect. The funding mechanisms for the Partnership focus on credit access, equity financing, insurance products, grants, and blended financing options like concessional loans. However, it does not include carbon credits trading.
Source: The Hindu
