Q. With reference to Global Environment Facility, which of the following statements is/are correct?
1. It was established in 1991.
2. Only the developed countries are donors to it.
Select the correct answer from the code given below :
a) Only 2
b) Neither 1 nor 2
c) Both 1 and 2
d) Only 1
Correct Answer: d) Only 1
Question from UPPSC Prelims 2025
Explanation:
Statement 1 is correct: The Global Environment Facility (GEF) was launched in 1991 as a pilot initiative by the World Bank with UNDP and UNEP, and was restructured in 1994 into its current form.
Statement 2 is incorrect: GEF replenishments are financed by a broad set of donor countries, not exclusively by developed countries. In various replenishment cycles, some emerging/developing economies and economies in transition have also made voluntary contributions. Hence, it is not limited to developed-country donors.
Therefore, only Statement 1 is correct.
