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Who launches financing platform to respond to global food crisis?
A)
International Finance Corp (IFC)
B)
Quality Council of India (QCI)
C)
World Food Programme (WFP)
D)
United Nations Global Compact (UNGC)

Correct Answer :   International Finance Corp


The investment arm of World Bank, the International Finance Corp. (IFC) has launched a $6 billion financing facility.
 
Aim : To strengthen private sector’s ability to respond to the crisis and help support food production.
 
Concern : The Ukraine  war and an uneven global recovery from the COVID-19 pandemic have raised the levels of hunger and malnourishment.
 
This crises have already worsened by climate change(damaging harvests and reducing yields)..

Source : Mint

Published On : October 7, 2022
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