UPSC CSE Prelims
Question 1
'BioCarbon Fund Initiative for Sustainable Forest Landscapes' is managed by the
View correct answer and explanation
Correct answer: D
Correct Option: D
Explanation: The World Bank manages the BioCarbon Fund and its Initiative for Sustainable Forest Landscapes, which supports sustainable land use while reducing greenhouse-gas emissions.
Option-wise Analysis:
A: Incorrect - ADB finances regional development but does not manage this initiative.
B: Incorrect - The IMF focuses on monetary stability and balance-of-payments support, not this forest programme.
C: Incorrect - UNEP supports environmental cooperation but is not the initiative’s manager.
D: Correct - The World Bank administers the BioCarbon Fund and ISFL.