Q1. Consider the following statements about deforestation and forest finance: 1. Brazil has the highest annual tropical forest loss in absolute terms. 2. Indonesia has the highest absolute annual primary tropical forest loss of any country. 3. Palm oil cultivation is a significant driver of deforestation in Indonesia and Malaysia. 4. REDD+ is a results-based finance mechanism under the UNFCCC and can provide payments for verified reductions in deforestation. Which of the statements given above are correct?
Explanation
Statement 1 is correct because Brazil is identified as having the highest absolute annual tropical forest loss. Statement 2 is incorrect because the fact bank states that Brazil, not Indonesia, has the largest absolute annual primary tropical forest loss. Statement 3 is correct because palm oil is a major driver of deforestation in Indonesia and Malaysia. Statement 4 is correct because REDD+ is a UNFCCC results-based finance mechanism for verified reductions in deforestation and related forest emissions.
