Question

    In July 2024, which entity approved a combined loan and grant totaling USD 215.6 million for the Small Industries Development Bank of India's (SIDBI) projects aimed at climate resilience and low-emission technologies?

    A Hong Kong and Shanghai Banking Corporation Correct Answer Incorrect Answer
    B Actis Asia Climate Transition Fund Correct Answer Incorrect Answer
    C Organization for Economic Cooperation and Development Correct Answer Incorrect Answer
    D Green Climate Fund Correct Answer Incorrect Answer
    E World Wide Fund Correct Answer Incorrect Answer

    Solution

    The Green Climate Fund approved a significant funding package for SIDBI to facilitate the adoption of climate-resilient and low-emission technologies by Indian MSMEs, underlining its support for sustainable development initiatives.

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