With reference to Global Stocktake, Consider following Statements:

1.It was established under the Rio Conference or the Earth Summit in 1992. 

2.The Global Stocktake assesses the progress towards long-term global objectives to combat climate change.

Which of the statements given above is/are Not correct?

1
1 Only 
2
2 Only
3
Both 1 and 2
4
Neither 1 nor 2 

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