Question: ?Bio Carbon Fund Initiative for Sustainable Forest Land-scopes? is managed by the (IAS Prelims 2015)
Options:
A) Asian Development Bank
B) International Monetary Fund
C) United Nations Environment Programme
D) World Bank
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Answer:
Correct Answer: D
Solution:
- Housed within the Carbon Finance Unit of the World Bank, the Bio Carbon Fund is a public private sector initiative mobilizing financing to help for development of projects that sequester or conserve carbon in forest and agro-ecosystems. It was created in 2004.
BETA
