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Answer

Correct Option is It refers to “the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries.

"Statement 1 is Wrong as it refers to REDD+. REDD is the abbreviation for “reducing emissions from deforestation and forest degradation”, followed by REDD+, with the “plus” referring to “the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries”.
The UN-REDD Programme, and other multilaterals including the Forest Carbon Partnership Facility (FCPF) and Forest Investment Program (FIP), support developing countries with financial and technical assistance to build the capacities to design and implement REDD+ strategies. While REDD+ is a climate change mitigation solution being developed by Parties to the United Nations Framework Convention on Climate Change (UNFCCC), that incentivizes developing countries to keep their forests standing." 

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