Q. With reference to LEAF Coalition, consider the following statements:
1. It aims to mobilize at least $1 billion for financing countries committed to protecting their tropical forests.
2. This initiative is one of the outcomes of the 2015 Paris agreement. Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:
  • Statement 1 is correct: The initiative aims to mobilize at least $1 billion for financing countries committed to protecting their tropical forests. It is supported by corporations like Unilever plc, Amazon, Nestle and Airbnb. 
  • Statement 2 is incorrect: In April 2021, the LEAF (Lowering Emissions by Accelerating Forest Finance) Coalition was announced as a public-private effort led by the US, the UK and Norway. 

SourceArticle