CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank unveils USD 200 billion in climate action investment for 2021-25?
A
Federal Bank
B
World Bank
C
Deutsche Bank
D
Bank of America
Explanation: 

Detailed explanation-1: -The World Bank Group is committed to supporting developing countries to mitigate greenhouse gas emissions and increase resiliency to climate impacts, while also meeting core development priorities.

Detailed explanation-2: -These include: National Solar Mission. National Mission for Enhanced Energy Efficiency. National Mission on Sustainable Habitat.

Detailed explanation-3: -The Climate Investment Funds (CIF) is a multilateral fund that accelerates climate action in over 70 developing countries. CIF deploys highly concessional finance to empower transformations in clean energy, resilience, nature-based solutions, and other areas.

Detailed explanation-4: -In 2009 the Government of India directed all state governments and union territories to prepare State Action Plans on Climate Change (SAPCC), consistent with the strategy outlined in the National Action Plan on Climate Change (NAPCC).

There is 1 question to complete.