With reference to `Global Environment Facility, which of the following statements is/are correct?

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Q: 6 (IAS/2014)
With reference to 'Global Environment Facility’, which of the following statements is/are correct?

question_subject: 

Ecology

question_exam: 

IAS

stats: 

0,172,177,172,31,33,113

keywords: 

{'global environment facility': [0, 0, 0, 1], 'united nations framework convention': [0, 0, 1, 3], 'environmental issues': [0, 0, 0, 2], 'environment': [2, 0, 0, 3], 'climate change': [1, 0, 2, 2], 'oecd': [0, 0, 3, 10], 'agency': [0, 0, 0, 1], 'global level': [0, 0, 0, 2], 'underdeveloped countries': [0, 0, 0, 1], 'scientific research': [0, 0, 0, 1], 'technology': [1, 5, 15, 27], 'convention': [0, 0, 0, 1], 'funds': [0, 1, 2, 9], 'biological diversity': [1, 0, 1, 4]}

The correct statement(s) regarding the Global Environment Facility (GEF) are:

1. It serves as the financial mechanism for the `Convention on Biological Diversity` and the United Nations Framework Convention on Climate Change (UNFCCC).

2. It does not undertake scientific research on environmental issues at the global level.

3. It is not an agency under OECD but is an independent international financial organization.

Therefore, the correct option is (a) "It serves as financial mechanism for `Convention on Biological Diversity` and United nations Framework Convention on Climate Change`".