Lesson 1. Financial Mechanism. Iccn_2
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- 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
Questions: 16 | Attempts: 2195 | Last updated: Mar 21, 2022
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