ThatQuiz Test Library Take this test now
Climate Finance Mechanisms - Test
Contributed by: Brennan
  • 1. Climate finance mechanisms refer to various financial instruments, initiatives, and strategies that aim to mobilize funds and resources to address climate change. These mechanisms play a crucial role in facilitating the transition to a low-carbon, sustainable economy by investing in projects that reduce greenhouse gas emissions, enhance climate resilience, and promote sustainable development. Examples of climate finance mechanisms include carbon markets, green bonds, climate funds, and public-private partnerships. By leveraging financial resources and expertise, these mechanisms help countries and industries mitigate and adapt to the impacts of climate change, ultimately contributing to global efforts to combat climate change.

    Which international agreement set the goal of mobilizing $100 billion per year by 2020 for climate finance?
A) Copenhagen Accord
B) Bali Action Plan
C) Kyoto Protocol
D) Paris Agreement
  • 2. What is the purpose of the Green Climate Fund?
A) Provide scholarships for climate science students.
B) Fund renewable energy startups in developed nations.
C) To support developing countries in mitigation and adaptation efforts to climate change.
D) Invest in sustainable agriculture projects worldwide.
  • 3. Which of the following is a private climate finance mechanism?
A) International aid programs
B) Government grants
C) Climate funds
D) Green bonds
  • 4. What is the aim of climate-focused impact investing?
A) To undermine renewable energy projects.
B) To support fossil fuel industries.
C) To generate positive social and environmental impact alongside financial returns.
D) To maximize profits without considering environmental impact.
  • 5. What is the purpose of the NAMA Facility in climate finance?
A) To finance national parks in developed countries.
B) To subsidize coal mining projects.
C) To provide scholarships for environmental studies.
D) To support developing countries in implementing Nationally Appropriate Mitigation Actions.
  • 6. Which entity administers the Green Climate Fund?
A) IMF
B) UNFCCC
C) World Bank
D) Global Environment Facility
  • 7. What is the purpose of the Clean Development Mechanism (CDM) in climate finance?
A) To sponsor international climate conferences.
B) To promote sustainable development projects that reduce emissions in developing countries and generate certified emission reductions.
C) To finance coal-fired power plants in industrialized nations.
D) To provide subsidies for palm oil plantations in Africa.
  • 8. What is the role of the Adaptation Fund in climate finance?
A) To support research on climate science.
B) To provide loans for renewable energy startups.
C) To finance projects and programs that help vulnerable communities adapt to the impacts of climate change.
D) To promote fossil fuel extraction in developing countries.
  • 9. Which of the following is a form of climate finance mechanism?
A) Oil extraction
B) Carbon pricing
C) Plastic production
D) Coal combustion
  • 10. What is the role of the Climate Investment Platform (CIP) in climate finance?
A) To restrict funding for renewable energy initiatives.
B) To accelerate public and private investment in climate projects by matching financing with projects.
C) To endorse coal mining ventures in developing nations.
D) To regulate greenhouse gas emissions in developed countries.
  • 11. Which of the following is a key principle of climate finance governance?
A) Secrecy and ambiguity
B) Transparency and accountability
C) Lack of involvement of civil society
D) Exclusive decision-making by developed nations
  • 12. In climate finance, what does the acronym REDD+ stand for?
A) Reducing Emissions from Deforestation and Forest Degradation
B) Renewable Energy Deployment Development
C) Regenerative Energy and Desertification Declaration
D) Resilience and Adaptation to Extreme Drought and Deluge
Created with That Quiz — where test making and test taking are made easy for math and other subject areas.