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Q35 (IAS/2025) International Relations & Global Affairs › International Organisations & Groupings › Global climate finance Answer Verified

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

Result
Your answer: —  ·  Correct: A
Explanation

The Asian Development Bank (ADB) launched the Nature Solutions Finance Hub for Asia and the Pacific to accelerate investments in nature-based solutions.[1] ADB launched this initiative at COP28 with the aim to attract at least $2 billion into nature-based solutions.[2] In 2023, ADB launched the Nature Solutions Finance Hub along with partners, as well as the Natural Capital Fund in partnership with the Global Environment Facility.[3]

The other options are incorrect. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank focused on infrastructure in Asia, but it did not launch this particular initiative. The New Development Bank (NDB), established by BRICS nations, and the International Bank for Reconstruction and Development (IBRD), which is part of the World Bank Group, are also major development finance institutions but were not involved in launching this specific Nature Solutions Finance Hub.

Sources
  1. [2] https://www.adb.org/news/adb-and-partners-launch-nature-financing-initiative-asia-and-pacific
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Don’t just practise – reverse-engineer the question. This panel shows where this PYQ came from (books / web), how the examiner broke it into hidden statements, and which nearby micro-concepts you were supposed to learn from it. Treat it like an autopsy of the question: what might have triggered it, which exact lines in the book matter, and what linked ideas you should carry forward to future questions.
Q. Which one of the following launched the 'Nature Solutions Finance Hub for Asia and the Pacific'? [A] The Asian Development Bank (ADB) […
At a glance
Origin: Mostly Current Affairs Fairness: Low / Borderline fairness Books / CA: 0/10 · 10/10
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This is a classic 'Summit Outcome' question. The initiative was launched at COP28. The strategy is simple: When major summits (COP, G20) occur, list every new 'Hub', 'Fund', or 'Alliance' and map it to its parent organization. The phrase 'Asia and the Pacific' is a massive heuristic clue pointing towards ADB.

How this question is built

This question can be broken into the following sub-statements. Tap a statement sentence to jump into its detailed analysis.

Statement 1
Which organization launched the "Nature Solutions Finance Hub for Asia and the Pacific"?
Origin: Web / Current Affairs Fairness: CA heavy Web-answerable

Web source
Presence: 5/5
"ADB today launched a Nature Solutions Finance Hub for Asia and the Pacific at COP28 which aims to attract at least $2 billion into"
Why this source?
  • Passage is an official ADB news item explicitly stating the launch.
  • It names the initiative exactly: 'Nature Solutions Finance Hub for Asia and the Pacific' and says ADB launched it at COP28.
Web source
Presence: 3/5
"The Asian Development Bank (ADB) launched the Nature Solutions Finance Hub for Asia and the Pacific to accelerate investments in nature-based solutions."
Why this source?
  • Explicitly identifies the organization as the Asian Development Bank (ADB).
  • Directly states ADB launched the Nature Solutions Finance Hub for Asia and the Pacific.
Web source
Presence: 4/5
"In 2023, ADB launched the Nature Solutions Finance Hub along with partners, as well as the Natural Capital Fund in partnership with the Global Environment ...Read more"
Why this source?
  • Mentions the 2023 launch and attributes it to ADB.
  • Supports the claim that ADB was the organization behind the Hub (launched along with partners).

Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 24: Climate Change Organizations > 24.23. GLOBAL CLIMATE FINANCE ARCHITECTURE > p. 343
Strength: 4/5
“The global climate finance architecture is channeled through multilateral funds such as the Global Environment Facility and the Climate Investment Funds, and as well as increasingly through bilateral channels,”
Why relevant

Describes the global climate finance architecture and names multilateral funds (Global Environment Facility, Climate Investment Funds) as channels for climate finance.

How to extend

A student could check whether one of these multilateral climate finance bodies has an Asia-Pacific 'nature-based' finance hub or related program.

Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 24: Climate Change Organizations > Finance > p. 333
Strength: 3/5
“Heading into Marrakech, developed countries released a roadmap outlining how they foresee meeting the goal of mobilizing groo billion a year in public and private finance for developing countries by zozo. In Marrakech, the UNFCCC's Standing Committee on Finance released its second bienniai assessment, showing that total global climate finance increased 15 percent in zor3-r4, reaching a highbound estimate of 674r billion in zor4.”
Why relevant

Notes UNFCCC/Standing Committee on Finance activity and overall tracking of global climate finance flows, showing UN frameworks engage in finance initiatives.

How to extend

Use this to consider UNFCCC-related bodies or UN agencies as plausible launchers and search their Asia-Pacific initiatives.

Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 28: International Organisation and Conventions > Missionss > p. 403
Strength: 4/5
“To influence, encourage and assist societies throughout the world to conserve the integrity and diversiry of nature and to ensure that any use of natural resources is equitable and ecologically sustainable. IUCN supports scientific research, manages field projects globally and brings governments, nongovernment organizations, United Nations agencies, companies and local communities together to develop and implement policy. IUCN Members include both States and nongovernmental organizations' A neutral forum for governments, NGOs, scientists, business and local communities to find practical solutions to conservation and development challenges.”
Why relevant

IUCN is identified as a global convenor that supports research, manages field projects, and brings governments/UN agencies/NGOs together on conservation — fitting an organizer of 'nature solutions' finance work.

How to extend

A student could look at IUCN's Asia-Pacific programs or press releases to see if it launched such a hub.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB) > p. 532
Strength: 3/5
“• It is a multilateral development bank set up in 2016 to improve social and economic outcomes in Asia. • The idea of establishment of such bank was proposed by China to provide support and improvement in infrastructure building in the Asia-Pacific region. • Due to the discontent in the West-dominated multilateral bodies such as IMF and World \sigmaBank, many of their members are joining AIIB. • AIIB presently has a membership of 103 nations [85 members (including India) + 18 a”
Why relevant

Describes the Asian Infrastructure Investment Bank (AIIB) as a multilateral development bank focused on Asia-Pacific infrastructure and investment.

How to extend

Since the hub targets Asia-Pacific finance, one could plausibly check AIIB (and similar MDBs) for initiatives on nature-based finance.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Asia-Pacific Economic Cooperation (APEC) > p. 550
Strength: 2/5
“• It is a regional economic forum of 21 countries on the Pacific Rim. It was established in ۰ 1989 and aims to promote inclusive growth, greater prosperity and free trade in the Asia-Pacific region.• It is headquartered in Singapore.”
Why relevant

Defines APEC as a regional Asia-Pacific forum of 21 Pacific Rim countries — a regional body that could host or endorse Asia-Pacific finance initiatives.

How to extend

Use APEC membership and agenda context to test whether the hub was launched under an APEC-supported program or at an APEC meeting.

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