Welcome to ExamTopics
ExamTopics Logo
- Expert Verified, Online, Free.
Mail Us[email protected]
Menu
Garp Discussions
exam questions

Exam SCR All Questions

View all questions & answers for the SCR exam
Go to Exam

Exam SCR topic 1 question 26 discussion

Actual exam question from GARP's SCR
Question #: 26
Topic #: 1
[All SCR Questions]

In response to a survey showing consumers consider sustainability a key factor in purchasing decisions, a group of cosmetics companies announce a collaboration to develop an environmental impact assessment and sustainability framework for cosmetics products. The framework enables customers to evaluate the environmental impact of products they purchase. The framework draft includes definitions of climate, green, and sustainable finance.
Which of the following definitions is appropriate for the proposed framework?

  • A. Green finance refers exclusively to financial flows relating to climate change such as mitigation or adaptation.
  • B. Green finance refers to sustainable finance focused on environmental risks and opportunities.
  • C. Sustainable finance refers to public sector funding of projects relating to ESG and sustainable development.
  • D. Climate finance is a subset of green finance and broadly refers to any financial transaction that considers climate issues.
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️
by MatMat2023 at Oct. 18, 2023, 6:16 p.m.

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Submit Cancel
qingyang111000
7 months, 2 weeks ago
Selected Answer: B
Green finance refers to sustainable finance focused on environment-related risks and opportunities— often, but not necessarily, climate change. Other topics falling under the “green” categorization can include waste management, water usage, conservation of natural habitats, and mitigating biodiversity loss. Climate finance refers exclusively to financial flows relating to climate change, whether mitigation or adaptation.
upvoted 1 times
...
MatMat2023
1 year, 1 month ago
Both B and D are correct in line with section 5.1
upvoted 1 times
...

Get IT Certification

Unlock free, top-quality video courses on ExamTopics with a simple registration. Elevate your learning journey with our expertly curated content. Register now to access a diverse range of educational resources designed for your success. Start learning today with ExamTopics!

Start Learning for free
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel