Question
‘BioCarbon Fund Initiative for Sustainable Forest Landscapes' is managed by the
(a) Asian Development Bank
(b) International Monetary Fund
(c) United Nations Environment Programme
(d) World Bank
Answer:
D
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Explanation:
The "BioCarbon Fund Initiative for Sustainable Forest Landscapes" is managed by the World Bank. The BioCarbon Fund is a fund under the auspices of the World Bank's Forest Carbon Partnership Facility (FCPF). It aims to support activities that promote sustainable forest management, reduce greenhouse gas emissions, and enhance carbon sequestration in forest landscapes. The BioCarbon Fund provides financing for projects that focus on activities such as reforestation, afforestation, and sustainable land use practices.