BioCarbon Fund Initiative for Sustainable Forest Landscapes' is manage

BioCarbon Fund Initiative for Sustainable Forest Landscapes’ is managed by the

Asian Development Bank

International Monetary Fund

United Nations Environment Programme

World Bank

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Answer is Wrong!

This question was previously asked in

UPSC IAS – 2015

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The “BioCarbon Fund Initiative for Sustainable Forest Landscapes” is a multi-donor trust fund managed by the World Bank. It supports integrated land-use approaches to reduce emissions from deforestation and forest degradation, enhance carbon sequestration in forests and on agricultural lands, and promote sustainable forest management.

– The question asks about the managing entity of a specific fund related to forests and climate.
– The BioCarbon Fund Initiative for Sustainable Forest Landscapes is managed by the World Bank.

The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a results-based finance initiative that promotes reducing greenhouse gas emissions from the land sector, including through reduced deforestation and forest degradation (REDD+), climate-smart agriculture, and smarter land-use planning and policies. It operates in several countries across Africa, Asia, and Latin America.

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