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UPSC Prelims 2015 · Environment · Rules for the Planet
With reference to 'Forest Carbon Partnership Facility', which of the following statements is/are correct? Select the correct answer using the code given below.
- It is a global partnership of governments, businesses, civil society and indigenous people.
- It provides financial aid to universities, individual scientists and institutions involved in scientific forestry research to develop eco-friendly and climate adaptation technologies for sustainable forest management.
- It assists the countries in their 'REDD+ (Reducing Emissions from Deforestation and Forest Degradation+)' efforts by providing them with financial and technical assistance.
- (a) 1 only
- (b) 2 and 3 only
- (c) 1 and 3 only
- (d) 1, 2 and 3
Show the answer and explanation
Answer: (c) 1 and 3 only
A global partnership that supports REDD+.
Statement by statement
1. ✓ CORRECT The FCPF brings together governments, businesses, civil society and indigenous peoples.
2. ✗ WRONG It does not fund universities and scientists for forestry research.
3. ✓ CORRECT It gives countries financial and technical help for REDD+.
The idea
Before a country can be paid for saving forest carbon it must be ready to prove the saving: a baseline of past deforestation, a system to measure forests, and safeguards for people who live there. The Forest Carbon Partnership Facility pays for this preparation and then buys the verified results.
Readiness Fund: build the baseline and the monitoring system → Country runs its REDD+ programme → Emission reductions are verified → Carbon Fund pays for them
The trap
Statement 2 sounds like a natural use of forest money, but the FCPF funds countries, not researchers.
Also know
The facility started in 2008 and the World Bank is its trustee. Its money goes to countries, not to universities or individual scientists. REDD+ moves in three stages: readiness, implementation, results-based payment.
🔒 FCPF (World Bank, 2008) = REDD+ readiness + carbon fund.