GK
ECOLOGY BIODIVERSITY CONSERVATION ENVIRONMENTAL ISSUES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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‘BioCarbon Fund Initiative for Sustain- able Forest Landscapes’ is managed by the
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World Bank
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United Nations Environment Programme
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International Monetary Fund
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Asian Development Bank
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Explanation:
Detailed explanation-1: -The BioCarbon Fund ISFL is a multilateral facility, supported by donor governments and managed by the World Bank.
Detailed explanation-2: -The fund is managed by the World Bank. The World Bank’s Carbon Finance Unit handles the day-to-day operation of the BioCarbon Fund which is housed in the organisation’s Climate Change Fund Management Unit. The World Bank is the permanent trustee of the BioCarbon Fund.
Detailed explanation-3: -Answer: D. Explanation: The BioCarbon Fund Initiative for Sustainable Forest Landscapes collaborates with forest countries around the world to reduce emissions from the land sector through smarter land use planning, policies, and practices.
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