Statements A, B, D and F are correct since climate finance covers mitigation and adaptation, funds flow through dedicated mechanisms, access supports climate-resilient development and transparency is essential for trust and effectiveness. C is wrong because adaptation often requires significant financial support, and E is wrong as private investment is crucial for scaling up climate solutions. The only option that includes all true statements and excludes C and E is A, B, D and F.
Option A:
Option A is incorrect because it omits D and F, ignoring both the special needs of least developed countries and the importance of reporting and accountability. While it defines climate finance and mentions some channels, it does not fully address development pathways and governance.
Option B:
Option B is correct as it combines definitional, institutional, developmental and governance aspects of climate finance, and it leaves out statements that marginalise adaptation or the private sector. This reflects the comprehensive view taken in climate policy discussions.
Option C:
Option C is incorrect since it includes C, which wrongly restricts climate finance to mitigation, even though adaptation finance is a central concern in international negotiations. Including C turns the combination into a mix of accurate and inaccurate claims.
Option D:
Option D is incorrect because it accepts E, which denies any role for private investment, and omits A. Private finance is widely recognised as essential, so including E and excluding A weakens conceptual clarity.
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