UPSC Prelims 2025 · GS Paper I
Question 35: Environment and Ecology
Which one of the following launched the ‘Nature Solutions Finance Hub for Asia and the Pacific’?
AnswerThe answer is (a).
The Nature Solutions Finance Hub for Asia and the Pacific was launched by the Asian Development Bank to mobilise finance, including private finance, for nature-based solutions in the region. The other banks have different mandates: the AIIB funds infrastructure, the New Development Bank is the BRICS bank for infrastructure and sustainable development, and the IBRD is the World Bank's lending arm for middle-income countries. Remember: nature finance hub for Asia-Pacific means ADB.
Why each option is right or wrong
- (a) Right: the Asian Development Bank launched the hub.
- (b) Wrong: the AIIB mainly finances infrastructure and did not launch this hub.
- (c) Wrong: the New Development Bank is the BRICS bank and did not launch it.
- (d) Wrong: the IBRD is a global World Bank lender, not the regional launcher.
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2025, General Studies Paper I, Series A. The paper on upsc.gov.in.