Which of the following is a relation between the World Bank and the Global Environment Facility (GEF)?

Question

Quizplus · Accepted Answer

The World Bank is responsible for managing the Trust Fund of the GEF, which is one of the financial mechanisms of the United Nations Framework Convention on Climate Change (UNFCCC). The GEF is not solely funded by the World Bank and is not considered as its primary developmental arm. The World Bank also does not determine what projects will be funded by the GEF, as this is determined by the GEF Council based on proposals and priorities identified by recipient countries.

Which of the Following Is a Relation Between the World