Which of the following statement regarding ‘Green Climate Found’ is/ are correct?

I. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World Bank.

II. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change.

Select of the correct answer using the code given below.

[A] I only

[B] II only

[C] Both I and II

[D] Neither I nor II

Answer & Explanation
Option: [B]

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