UPSC Prelims 2025 · Question 15 of 100

UPSC Prelims 2025 question on Nature Solutions Finance Hub

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

  1. The Asian Development Bank (ADB)
  2. The Asian Infrastructure Investment Bank (AIIB)
  3. The New Development Bank (NDB)
  4. The International Bank for Reconstruction and Development (IBRD)
Show answer

Answer: A. The Asian Development Bank (ADB)

Verdict

Correct answer: Option (a) — The Asian Development Bank (ADB).

Analysis

The Asian Development Bank (ADB) launched the Nature Solutions Finance Hub for Asia and the Pacific at COP28. The hub aims to attract at least $2 billion into investment programs that incorporate nature-based solutions, particularly focused on capital markets and other sources of private capital. It deploys financing measures such as guarantees, impact-linked payments, and blended finance options, targeting about $1 billion in de-risking funds from global development partners.

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