UPSC Prelims 2025 GS Paper I · Q15 of 99 Environment & Ecology medium

Which one of the following launched the 'Nature Solutions Finance Hub for Asia and the Pacific'?

  1. (a) The Asian Development Bank (ADB) ✓ UPSC's answer
  2. (b) The Asian Infrastructure Investment Bank (AIIB)
  3. (c) The New Development Bank (NDB)
  4. (d) The International Bank for Reconstruction and Development (IBRD)

Why the answer is (a)

• The Nature Solutions Finance Hub for Asia and the Pacific was launched by the Asian Development Bank in 2024 to mobilise finance for nature-based solutions such as mangrove restoration, watershed protection and sustainable agriculture.

• It aims to raise at least US$2 billion by 2030, blending ADB capital with private and philanthropic funds and developing bankable nature projects.

• The AIIB and the New Development Bank are also multilateral lenders active in Asia but did not launch this hub.

• The IBRD is the World Bank's main lending arm and has separate global initiatives on nature finance.

• Hence option (a).

Why the other options are wrong

(b) The Asian Infrastructure Investment Bank (AIIB)
The AIIB did not launch this hub.
(c) The New Development Bank (NDB)
The New Development Bank did not launch this hub.
(d) The International Bank for Reconstruction and Development (IBRD)
The IBRD is not the sponsor of this Asia-Pacific hub.

Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2025, held on 25 May 2025. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.

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