Civil Services Punjab State Civil Services CCE 2025 General Knowledge Ecology and Environment Conservation efforts: India and World
Which of the following statements regarding India’s climate finance policies is/are correct?
1. Perform, Achieve, and Trade (PAT) Scheme incentivizes industries to reduce their carbon intensity by trading energy-saving certificates.
2. Renewable Energy Certificates (RECs) are issued to power producers who generate renewable energy and allow entities to meet their Renewable Purchase Obligations (RPOs).
3. Sovereign Green Bonds issued by the Government of India are primarily used to finance growth projects including fossil fuel based energy projects.
Select the correct answer using the codes below:
1
2 and 3 only
2
1 and 2 only
3
1 and 3 only
4
1, 2 and 3