gs1medium
Which one of the following launched the ‘Nature Solutions Finance Hub for Asia and the Pacific’?
- A.The Asian Development Bank (ADB)
- B.The Asian Infrastructure Investment Bank (AIIB)
- C.The New Development Bank (NDB)
- D.The International Bank for Reconstruction and Development (IBRD)
▶ Answer & Explanation
Correct answer: A. The Asian Development Bank (ADB)
The Asian Development Bank (ADB) established the Nature Solutions Finance Hub for Asia and the Pacific. This initiative aims to mobilize private sector finance for nature-based solutions, crucial for addressing biodiversity loss and climate change impacts in the region.
Source: UPSC gs1 2025