{"id":2894,"date":"2026-04-23T08:14:17","date_gmt":"2026-04-23T02:44:17","guid":{"rendered":"https:\/\/lotusarise.com\/qna\/?p=2894"},"modified":"2026-04-23T08:14:19","modified_gmt":"2026-04-23T02:44:19","slug":"which-one-of-the-following-launched-the-nature-solutions-finance-hub-for-asia-and-the-pacific","status":"publish","type":"post","link":"https:\/\/lotusarise.com\/qna\/upsc\/prelims\/which-one-of-the-following-launched-the-nature-solutions-finance-hub-for-asia-and-the-pacific","title":{"rendered":"Which one of the following launched the \u2018Nature Solutions Finance Hub for Asia and the Pacific\u2019?\u00a0\u00a0"},"content":{"rendered":"\n<ul class=\"wp-block-list mcq\">\n<li>The Asian Development Bank (ADB)\u00a0\u00a0<\/li>\n\n\n\n<li>The Asian Infrastructure Investment Bank (AIIB)\u00a0\u00a0<\/li>\n\n\n\n<li>The New Development Bank (NDB)\u00a0\u00a0\u00a0<\/li>\n\n\n\n<li>The International Bank for Reconstruction and Development (IBRD)\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Answer: (a) The Asian Development Bank (ADB)&nbsp;&nbsp;<\/strong><\/p>\n<\/blockquote>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The organization that launched the\u00a0<strong>\u201cNature Solutions Finance Hub for Asia and the Pacific\u201d is the Asian Development Bank (ADB)<\/strong>.\u00a0<\/li>\n\n\n\n<li>The ADB unveiled this hub\u00a0<strong>at COP28 with the goal of attracting significant investments in nature-based solutions projects across the Asia Pacific region<\/strong>.<\/li>\n\n\n\n<li>It aims<strong>\u00a0to mobilize funding\u00a0<\/strong>for projects that incorporate nature-based solutions to address climate change and biodiversity loss. The hub aims to attract\u00a0<strong>at least $2 billion in investments.<\/strong><\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"asian-development-bank-adb\">Asian Development Bank (ADB)<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Asian Development Bank (ADB),\u00a0<strong>founded in 1966 and headquartered in Manila, Philippines<\/strong>, is a multilateral lender dedicated\u00a0<strong>to reducing poverty in the Asia-Pacific through inclusive, sustainable growth<\/strong>.<\/li>\n\n\n\n<li>It is owned by 69 members, with\u00a0<strong>top shareholders being Japan, the USA, China, India, and Australia.<\/strong>\n<ul class=\"wp-block-list\">\n<li>The ADB was\u00a0modelled closely on the World Bank\u00a0and has a\u00a0similar\u00a0<strong>weighted voting system\u00a0where\u00a0votes are distributed in proportion to members\u2019 capital subscriptions<\/strong>.<\/li>\n\n\n\n<li>ADB\u2019s five largest shareholders\u00a0are\u00a0<strong>Japan and the United States\u00a0(each with\u00a015.6%\u00a0of total shares), the People\u2019s Republic of\u00a0China (6.4%), India (6.3%), and\u00a0Australia\u00a0(5.8%).<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Purpose:<\/strong>\u00a0Promotes economic cooperation, technical assistance, and funding for infrastructure (transport, energy).<\/li>\n\n\n\n<li><strong>India\u2019s Status:<\/strong>\u00a0India is a\u00a0<strong>founding member and the 4th largest shareholder.<\/strong><\/li>\n\n\n\n<li><strong>Governance:<\/strong>\u00a0Led by a Board of Governors (1 rep per member) and a Board of Directors. The President is traditionally Japanese.<\/li>\n\n\n\n<li><strong>Key Reports:<\/strong>\u00a0Publishes\u00a0<strong>Asian Development Outlook (ADO).<\/strong><\/li>\n\n\n\n<li><strong>Recent Initiatives (India):<\/strong>\u00a0$10 billion investment planned (2025-2030) for urban infrastructure (metro, sanitation, TOD).<\/li>\n\n\n\n<li><strong>Membership:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Membership in the ADB is\u00a0<strong>open to members and associate members of\u00a0the\u00a0United Nations Economic Commission for Asia and the Far East.<\/strong><\/li>\n\n\n\n<li>It\u2019s also\u00a0open to other regional countries and non-regional developed countries\u00a0that are\u00a0<strong>members\u00a0of the U.N.\u00a0or of any of its specialized agencies<\/strong>.\u00a0<\/li>\n\n\n\n<li>From 31 members at its establishment in 1966, ADB has grown to encompass\u00a0<strong>69 members,\u00a0including\u00a049 regional members from Asia and the Pacific<\/strong>, such as\u00a0India, China, Japan,\u00a0South Korea, Australia, and many others,\u00a0<strong>and\u00a020 non-regional members<\/strong>\u00a0from Europe, North America, and other regions.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Answer: (a) The Asian Development Bank (ADB)&nbsp;&nbsp; Asian Development Bank (ADB)<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[3,1],"tags":[47],"years":[63],"class_list":["post-2894","post","type-post","status-publish","format-standard","hentry","category-prelims","category-upsc","tag-international-relations","years-63"],"acf":[],"taxonomy_info":{"category":[{"value":3,"label":"Prelims"},{"value":1,"label":"UPSC"}],"post_tag":[{"value":47,"label":"International Relations"}],"years":[{"value":63,"label":"2025"}]},"featured_image_src_large":false,"author_info":{"display_name":"LotusArise","author_link":"https:\/\/lotusarise.com\/qna\/author\/team-lotusarise"},"comment_info":0,"category_info":[{"term_id":3,"name":"Prelims","slug":"prelims","term_group":0,"term_taxonomy_id":3,"taxonomy":"category","description":"","parent":1,"count":1251,"filter":"raw","cat_ID":3,"category_count":1251,"category_description":"","cat_name":"Prelims","category_nicename":"prelims","category_parent":1},{"term_id":1,"name":"UPSC","slug":"upsc","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":1269,"filter":"raw","cat_ID":1,"category_count":1269,"category_description":"","cat_name":"UPSC","category_nicename":"upsc","category_parent":0}],"tag_info":[{"term_id":47,"name":"International Relations","slug":"international-relations","term_group":0,"term_taxonomy_id":47,"taxonomy":"post_tag","description":"","parent":0,"count":79,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/comments?post=2894"}],"version-history":[{"count":0,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2894\/revisions"}],"wp:attachment":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/media?parent=2894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/categories?post=2894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/tags?post=2894"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/years?post=2894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}