UPSC Prelims 2015 GS Paper I · Q56 of 100 Environment & Ecology medium

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

  1. (a) Asian Development Bank
  2. (b) International Monetary Fund
  3. (c) United Nations Environment Programme
  4. (d) World Bank ✓ UPSC's answer

Why the answer is (d)

• The BioCarbon Fund Initiative for Sustainable Forest Landscapes (2013) is a multilateral fund managed by the World Bank, supported by Norway, the UK, Germany and the US, that pays for reduced emissions from land use, forestry and agriculture in developing countries — option (d).

• The ADB (a), IMF (b) and UNEP (c) do not manage it.

• Hence option (d).

Why the other options are wrong

(a) Asian Development Bank
ADB does not manage the BioCarbon Fund.
(b) International Monetary Fund
The IMF does not run climate funds.
(c) United Nations Environment Programme
UNEP does not manage it.

Asked in the GS Paper I of the UPSC Civil Services Preliminary Examination 2015, held on 23 August 2015. Question and answer key: Union Public Service Commission. Explanation: UPSC Answer Check.

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