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    Question

    With reference to the Loss and Damage (L&D) fund,

    consider the following statements: 1. It will compensate the most vulnerable countries for climate-linked disasters. 2. The fund would only draw on contributions from private and public sources such as international financial institutions. 3. The Warsaw International Mechanism (WIM) was the first formal acknowledgement of the need to compensate developing countries struck by climate disasters. Which of the statements given above is/are correct?
    A 1 and 2 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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