Lesson 1. Financial Mechanism. Iccn_2

10 Questions | Total Attempts: 102

SettingsSettingsSettings
Please wait...
Lesson Quizzes & Trivia

In order to get a valid certificate, please enter you first and last names as they appear in your passport.


Questions and Answers
  • 1. 
    Complete the sentence The financial mechanism is accountable to…
    • A. 

      Green Climate Fund

    • B. 

      Conference of the Parties

    • C. 

      Special Climate Change Fund

    • D. 

      Standing Committee

  • 2. 
    Which Funds are managed by GEF?
    • A. 

      Green Climate Fund

    • B. 

      Adaptation Fund

    • C. 

      Climate Investment Fund

    • D. 

      Least Developed Country Fund

    • E. 

      Special Climate Change Fund

  • 3. 
    True or False Climate finance is clearly defined under UNFCCC.
    • A. 

      True

    • B. 

      False

  • 4. 
    Which flow of funds best describes the current state of affairs in climate finance?
    • A. 

      From developing countries to least developed countries

    • B. 

      From developed countries to developing countries

    • C. 

      From private sector to state

    • D. 

      From developed countries to countries with economies in transition

    • E. 

      From countries less vulnerable to the adverse effects of climate change to those more vulnerable

  • 5. 
    Which of the following is not an objective of the Review of financial mechanism? 
    • A. 

      Its conformity with the provisions of Article 11 of the Convention

    • B. 

      The effectiveness of the activities it funds in implementing the Convention

    • C. 

      Its ability to generate funds from private sources

    • D. 

      Its effectiveness in providing resources to developing country Parties

    • E. 

      Its effectiveness in providing financial resources in accordance with the objectives of the Convention

  • 6. 
    Which of the following are functions of the Standing Committee?
    • A. 

      Improving coherence and coordination in the delivery of climate change financing

    • B. 

      Rationalization of the financial mechanism

    • C. 

      Mobilization of financial resources

    • D. 

      Preparation eligibility criteria for Funds managed by GEF

    • E. 

      Approval of funds allocation for projects in developing country parties

  • 7. 
    True or False Apart from established mechanisms funds can be provided to developing country parties through multilateral, bilateral and national channels.
    • A. 

      True

    • B. 

      False

  • 8. 
    True or False Reviews of financial mechanism are periodic and generally conducted every 4 years?
    • A. 

      True

    • B. 

      False

  • 9. 
    Which document establishes the relationship between the Conference of Parties (COP) to the UNFCCC and the Global Environment Facility (GEF) Council?
    • A. 

      UNFCCC

    • B. 

      First review of financial mechanism

    • C. 

      GEF charter

    • D. 

      Memorandum of Understanding

  • 10. 
    Representatives of which groups of countries do not fall under the category of developing countries in relation to financial mechanism?
    • A. 

      Least developed countries

    • B. 

      Countries with economies in transition

    • C. 

      New members of European Union

    • D. 

      Small island states

Back to Top Back to top