What is the objective of the Climate Investment Fund?
The Climate Investment Funds (CIF) is an $8 billion multi-donor trust fund that seeks to accelerate climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable forests in developing and middle-income countries.
What is Ldcf?
The Least Developed Countries Fund (LDCF) was established in 2001 to support the LDC work programme under the UN Framework Convention on Climate Change (UNFCCC), including the preparation and implementation of national adaptation programmes of action (NAPAs).
What is CIF fund?
What Is a Collective Investment Fund? A collective investment fund (CIF), also known as a collective investment trust (CIT), is a group of pooled accounts held by a bank or trust company. The financial institution groups assets from individuals and organizations to develop a single larger, diversified portfolio.
What is the least developed country in the world?
According to the Human Development Index, Niger is the least developed country in the world with an HDI of . 354. Niger has widespread malnutrition and 44.1% of people live below to the poverty line.
Who manages adaptation fund?
The Adaptation Fund is supervised and managed by the Adaptation Fund Board (AFB). The AFB is composed of 16 members and 16 alternates and meets at least twice a year (Membership of the AFB).
What is the Global environmental Facility Upsc?
The Global Environment Facility (GEF) is a multilateral financial mechanism that provides grants to developing countries for projects that benefit the global environment and promote sustainable livelihoods in local communities.
What is CIT fund?
Collective investment trusts (CITs), also referred to as commingled trusts or collective trust funds, are pooled investment funds that are administered by banks and trust companies and are designed exclusively for qualified retirement plans.
Do CITs pay dividends?
Unlike mutual funds, CITs are not required to pay out interest, dividends, and realized capital gains to investors because only tax-qualified investors may invest in CITs.
What is MCP in SHG?
Micro Credit Plan (MCP) is a tool used by Self Help Groups (SHG) to capture and prioritize. their credit needs. MCP is also referred as Micro Investment Plan (MIP), Micro Plan (MP), Micro level/Family livelihood Plan etc. On the basis of the MCP the Cluster level federation.