With reference to the ‘Global Biodiversity Framework Fund ’, which of the following statements is/are correct?
1
The fund aims to ensure that nations acquire sufficient financial backing to fulfill the goals and objectives stipulated by the Kunming-Montreal Global Biodiversity Framework.
2
It is part of World Bank's initiative to support biodiversity conservation around the world.
3
It serves as a financial mechanism for IUCN and ‘United Nations Framework Convention on Climate Change
4
It is totally based on contributions generated through carbon credits.
5
None of the above