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Mobilizing Finances

Create an engaging and informative illustration depicting climate finance mechanisms, including images of renewable energy projects, financial graphs, and a diverse group of people collaborating on environmental solutions.

Mobilizing Finances: Climate Finance Quiz

Test your knowledge about climate finance and its mechanisms with our engaging quiz! From understanding the principles of climate finance to learning about important funds and initiatives, this quiz covers essential topics related to climate action.

In this quiz, you'll explore:

The definition and significance of climate finance
International agreements and responsibilities regarding climate financing
The role of the Green Climate Fund and the Global Environment Facility
Key adaptation and mitigation strategies

10 Questions2 MinutesCreated by LearningTree47

What is climate finance?

It refers only to national funding drawn from the public sector to support the expenses of the Conference of Parties yearly event.

It refers to local, national or transnational financing drawn from public, private and alternative sources of financing that seeks to support mitigation and adaptation actions that will address climate change.

It refers only to local, national or transnational funding drawn from public, private and alternative sources to support environmentalist and climate scientist projects in preserving wildlife.

It refers to local, national financing drawn from different sources to help developing countries to construct more strong and lasting infrastructures that will increase the employment rate in countries.

In accordance with the principle of “common but differentiated responsibility and respective capabilities” set out in the Convention, developed country Parties are to provide financial resources to assist developing country Parties in implementing the objectives of the UNFCCC.

True

False

What is a financial mechanism for climate finance?

It refers to the way developing countries receive funding for adapting and mitigating climate change.

It refers to the way developed countries receive funding for adapting and mitigating climate change.

It refers to the way developed and developing countries receive finances in only protecting the forest since it absorbs carbon-dioxide from the atmosphere.

It refers to the way developed countries receive funding in protecting the ocean and forests from pollution located in the country’s geographical location.

What is the Global Environment Facility (GEF)?

The GEF is a special partnership of 20 agencies which, with the help of funding, the main focus is to help preserve the rainforests.

The GEF is a unique partnership of 15 agencies that lobbies against the use of coal in the electricity sector.

The GEF is a unique partnership of 20 agencies, a financial mechanism for six major international environmental conventions and an innovator and catalyst whose main purpose is eliminating the use of plastic bags.

The GEF is a unique partnership of 18 agencies, a financial mechanism for five major international environmental conventions and an innovator and catalyst that supports multi-stakeholder alliances to address the world’s most challenging environmental issues.

Which TWO of the following funds are managed by the GEF?

Special Climate Change Fund (SCCF)

Adaptation Fund (AF)

Least Developed Countries Fund (LDCF)

Green Climate Fund (GCF)

What is the purpose of the Adaptation Fund?

To finance concrete adaptation projects and programmes in developed country Parties to the Kyoto Protocol that are particularly vulnerable to the adverse effects of climate change.

To finance concrete adaptation projects and programmes in developing country Parties to the Kyoto Protocol that are particularly vulnerable to the adverse effects of climate change.

To finance concrete adaptation projects and programmes in developed country Parties to the Paris Agreement that are particularly vulnerable to the adverse effects of climate change.

To finance concrete adaptation projects and programmes in developed country Parties to the Kyoto Protocol that are particularly vulnerable to the adverse effects of hyperinflation.

What is the purpose of the Green Climate Fund (GCF)?

It is a unique global platform created to respond to climate change by investing in low-emission and climate-resilient development.

It is a unique local platform created to respond to climate change by investing in low-emission and climate-resilient development in the United States.

It is a unique global platform created to respond to climate change by investing in eco-friendly wooden utensils.

It is a unique global platform created to respond to climate change by investing in protecting endangered animals and their habitats.

In what year was the Green Climate Fund (GCF) founded?

2011

2010

2012

2006

What is the meaning of SCF?

Shield Corporation of Finance

State Committee of Funding

Sirius & Care Foundation

Standing Committee on Finance

What are the functions of SCF? (Select all correct answers)

Assisting the COP in improving coherence and coordination in the delivery of climate change financing.

Assisting the COP in rationalization of the financial mechanism of the UNFCCC.

Supporting the COP in the measurement, reporting and verification of support provided to developing country Parties.

Assisting the COP in allocating speakers for the event.

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