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Question

Consider the following statements about Allied Climate Partners (ACP):

1. At COP28, ACP joined International Finance Corporation in a climate financing.

2. It entirely focuses on investments in Southeast Asia and African countries.

3. It is a philanthropic investment organization and it is not a United Nations affiliated body.

Which of the statements given above is/are not correct?

A 1 only Correct Answer Incorrect Answer
B 1 and 2 both Correct Answer Incorrect Answer
C 2 and 3 both Correct Answer Incorrect Answer
D 2 only Correct Answer Incorrect Answer

Solution

At COP28, Allied Climate Partners joined International Finance Corporation in a climate financing venture to try to generate $11 billion in investments in developing countries. COP28. It is a philanthropic investment organization. It initially focus regions are Southeast Asia, the Caribbean and Central America, Africa, and India. It is not a United Nations affiliated body

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