Q. Which one of the following launched the ‘Nature Solutions Finance Hub for Asia and the Pacific’?
(a) The Asian Development Bank (ADB)
(b) The Asian Infrastructure Investment Bank (AIIB)
(c) The New Development Bank (NDB)
(d) The International Bank for Reconstruction and Development (IBRD)
Correct Answer: (a) The Asian Development Bank (ADB)
UPSC Prelims 2025 GS Paper's Solution
Explanation :
Asian Development Bank (ADB)
Asian Development Bank (ADB) launched the “Nature Solutions Finance Hub for Asia and the Pacific” to support countries in the region in mobilizing finance for nature-based solutions. This initiative aims to address climate change, biodiversity loss, and environmental degradation by promoting sustainable investments and projects that leverage natural ecosystems.
