Which of the following is incorrect regarding Green Credits Initiative?

1
This initiative involves creating an inventory of degraded wastelands, which can be utilised for planting by individuals and organisations.
2
GCP is an innovative market-based mechanism designed to incentivize voluntary environmental actions across diverse sectors
3
It was launched at COP 27 Sharm El Sheikh, Egypt.
4
This program is part of the broader 'LiFE' campaign 
5
Question Not Attempted

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