Which of the following refer to GEF grant agreement recently signed between…
2017
Which of the following refer to GEF grant agreement recently signed between the Central Government and the World Bank?
- A.
Monetary Fund Regulation Project
- B.
Ecosystem Service Improvement Project
- C.
Trade and Tariffs Project
- D.
Employment Opportunities Project
Attempted by 119 students.
Show answer & explanation
Correct answer: B
Why the other project names are not correct: Monetary Fund Regulation Project: This concerns financial sector regulation and macroeconomic policy, not environmental restoration.
Trade and Tariffs Project: Focuses on trade policy and tariffs, which is outside the remit of GEF’s environmental and ecosystem objectives.
Employment Opportunities Project: Primarily targets job creation and labour-market outcomes; although green jobs can be a component, the GEF grant in question specifically targets ecosystem services improvement.