🌱 Environment & EcologyUPSC 2015Sustainable Development

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

aAsian Development Bank
bInternational Monetary Fund
cUnited Nations Environment Programme
dWorld Bank
✓ Correct answer: d) World Bank
ExplanationThe BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is managed by the World Bank.This initiative aims to reduce greenhouse gas emissions from deforestation and forest degradation in developing countries, promoting sustain- able land-use practices.It seeks to promote reduced greenhouse gas emissions from the land sector, from deforestation and forest degradation in developing countries (REDD+), and from sustain- able agriculture, as well as smarter land-use planning, policies and practices.243

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