UPSC Previous Year Question | Prelims GS | 2025
Which one of the following launched the 'Nature Solutions Finance Hub for Asia and the Pacific'?
- Asian Development Bank (ADB)
- Asian Infrastructure Investment Bank (AIIB)
- New Development Bank (NDB)
- International Bank for Reconstruction and Development (IBRD)
Answer
Correct Answer
Asian Development Bank (ADB)
Explanation
The Asian Development Bank (ADB) launched the Nature Solutions Finance Hub for Asia and the Pacific to mobilize financing for nature-based solutions addressing climate change and biodiversity loss in the region.
Topics: climate finance, economy, international organizations