Which of the following statements about the Financing Mitigation and Adaptation Projects (FMAP) and identify which are correct?
1) The GCF has approved a loan facility of $215.6 million for SIDBI to support FMAP.
2) SIDBI is the apex regulatory body for licensing MSMEs and provides financial support and assistance.
3) The funding breakdown includes $200 million in concessional loans and $15.6 million in grant support.
4) The purpose of the funding is to promote large enterprises to adopt low-emission technologies.
1
Only statements 1, 2, and 3 are correct
2
Only statements 2, 3, and 4 are correct
3
Only statements 1, 3, and 4 are correct
4
Only statements 1, 2, and 4 are correct