Civil Services Prep

Prelims 2015 · Environment · Question 56

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

  1. Asian Development Bank
  2. International Monetary Fund
  3. United Nations Environment Programme
  4. World Bank

Answer

World Bank

  • (a) Asian Development Bank: Incorrect. The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is not managed by ADB.
  • (b) International Monetary Fund: Incorrect. IMF deals with global monetary and financial stability, not management of this forest landscape fund.
  • (c) United Nations Environment Programme: Incorrect. UNEP works on environmental governance, but this specific initiative is not under its management.
  • (d) World Bank: Correct. The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral fund managed by the World Bank.

Answer: (d) World Bank

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