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BioCarbon Fund Initiative for Sustainable Forest Landscapes' is managed by the
  • a)
    Asian Development Bank
  • b)
    International Monetary Fund
  • c)
    United Nations Environment Porgramme
  • d)
    World Bank
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
BioCarbon Fund Initiative for Sustainable Forest Landscapes is managed...
BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is managed by the World Bank.
The initiative aims to support developing countries in reducing greenhouse gas emissions from deforestation, forest degradation, sustainable agriculture, and promoting smarter land-use planning.
World Bank
  • The World Bank is an international financial institution that provides funding to poorer countries for capital projects.
  • It consists of two institutions: the International Bank for Reconstruction and Development, and the International Development Association.
  • Headquartered in Washington, D.C., United States.
Asian Development Bank
  • The Asian Development Bank is a regional development bank established in 1966.
  • Headquartered in Mandaluyong, Manila, Philippines.
  • Its goal is to promote social and economic development in Asia and the Pacific region.
International Monetary Fund
  • The International Monetary Fund (IMF) was created in 1945 and comprises 189 member countries.
  • It focuses on ensuring the stability of the international monetary system.
  • Headquartered in Washington, D.C., United States.
United Nations Environment Programme
  • The United Nations Environment Programme coordinates environmental activities within the UN and supports developing countries in implementing eco-friendly policies.
  • Headquartered in Nairobi, Kenya.
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BioCarbon Fund Initiative for Sustainable Forest Landscapes is managed by thea)Asian Development Bankb)International Monetary Fundc)United Nations Environment Porgrammed)World BankCorrect answer is option 'D'. Can you explain this answer?
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