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  • Q. Which one of the following launched the ‘Nature Solutions Finance Hub for Asia and the Pacific’? 

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) 

Ans-a

Explanation

The Asian Development Bank (ADB) launched a Nature Solutions Finance Hub for Asia and the Pacific at COP28, which aims to attract at least $2 billion into investment programs that incorporate nature-based solutions, particularly focused on capital markets and other sources of private capital.

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