With reference to Global Climate Change Alliance, which of the following statements is/are correct?I

Question

With reference to Global Climate Change Alliance, which of the following statements is/are correct?It is an initiative of the European Union.It provides technical and financial support to targeted developing countries to integrate climate change into their development policies and budgets.It is coordinated by World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD).Select the correct answer using the code given below:

Accepted Answer

The Global Climate Change Alliance (GCCA) was established by the European Union (EU) in 2007 to strengthen dialogue and cooperation with developing countries, in particular least developed countries (LDCs) and small island developing States (SIDS).Under the first pillar, the GCCA+ serves as a platform for dialogue and exchange of experience between the EU and developing countries, focusing on climate policy and bringing renewed attention to the issue of international climate finance.Under the second pillar, the GCCA+ acts as a source of technical and financial support for the world's most climate-vulnerable countries, whose populations need climate finance the most.International organisations – notably the Centre for International Forestry Research (CIFOR), the Food and Agriculture Organisation (FAO), the United Nations Capital Development Fund (UNCDF), the United Nations Development Programme (UNDP), the United Nations Environment Programme (UNEP), UN Habitat and the World Bank – are involved in the implementation of some GCCA-funded interventions, and also co-finance some initiatives.Statement 3 is not correct: Through the Greenhouse Gas Protocol (GHGP), World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) work with businesses to develop standards and tools that help companies measure, manage, report and reduce their carbon emissions.