UGC NET Questions (Paper – 1)

COP27 concluded with an agreement to establish new funding arrangements, including a dedicated loss-and-damage fund. This was a long-standing demand of vulnerable countries facing irreversible impacts like sea-level rise, storms and droughts. While many operational details are still being negotiated, the decision was hailed as historic for recognising the need for support beyond adaptation. (Press Information Bureau)

Option A:
This option correctly captures the core outcome relating to loss and damage and explains why it is important for climate justice.

Option B:
This option is incorrect because climate finance obligations were not cancelled; in fact, calls for scaled-up finance were reiterated.

Option C:
The Paris Agreement remains the main framework; COP27 decisions operate under it and address mitigation, adaptation and finance together.

Option D:
COP27 did not dismiss adaptation; rather, it emphasised both adaptation and loss and damage alongside mitigation.