Correct Option (C)
Both Statement 1 and Statement 2 are valid assumptions based on the provided passage.
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Statement 1: Diversification of livelihoods acts as a Coping strategy for climate change.
The passage emphasizes the necessity of "a diversity of natural assets" to "cope with climate change" and ensure "productive agriculture, forestry, and fisheries." These sectors are integral to livelihoods. The call for diverse crop varieties, intact ecosystems, and adaptive management approaches collectively implies that diversifying practices and resources (which support livelihoods) is a crucial strategy for adapting to and coping with climate change impacts.
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Statement 2: Adoption of monocropping practice leads to the extinction of plant varieties and their wild relatives.
The passage criticizes the current process of choosing crops for favoring "homogeneity adapted to past or -current conditions," rather than varieties resilient to future climate changes. This homogeneity is characteristic of monocropping. Immediately following this, the passage calls for "accelerated breeding programmes... to conserve a wider pool of genetic resources of existing crops, breeds and their wild relatives." This juxtaposition suggests that the practice of favoring homogeneity (monocropping) contributes to the reduction of genetic diversity, thereby increasing the risk of loss or extinction for various plant varieties and their wild relatives.
Incorrect Options:
Options (A), (B), and (D) are incorrect because the analysis of the passage indicates that both Statement 1 and Statement 2 are valid assumptions.