gs1medium

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

  1. A.Asian Development Bank
  2. B.International Monetary Fund
  3. C.United Nations Environment Program
  4. D.World Bank
▶ Answer & Explanation

Correct answer: D. World Bank

The BioCarbon Fund Initiative for Sustainable Forest Landscapes (IFL) is a fund managed by the World Bank. Its objective is to support developing countries in their efforts to reduce emissions from deforestation and forest degradation, as well as to promote sustainable forest management and conservation.

Source: UPSC gs1 2015

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