New Master Descriptive Writing with our RBI One-Month Batch!
Register

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.  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. 

Practice Next

Relevant for Exams:

×
×