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Question 17: Which of the following is TRUE according to the passage? A. Mattia Romani, an IADB special adviser, has called a new climate fi...

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Question 17: Which of the following is TRUE according to the passage?

A. Mattia Romani, an IADB special adviser, has called a new climate finance plan an innovative engine for green-focused economic expansion.

B. Large pension funds are often unable to hold certain green assets because the investment’s quality does not meet their strict fiduciary rules.

C. A “virtuous circle” is formed when public development banks agree to use their capital to fund new sustainable energy projects in developing nations.

D. Financial aid is essential for developing countries to help them reduce their carbon output and manage the consequences of severe climate events.

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