‘BioCarbon Fund Initiative for Sustainable Forest Landscapes’ is managed by the(2015)
a) Asian Development Bank
b) International Monetary Fund
c) United Nations Environment Programme
d) World Bank
The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral fund, supported by donor governments and managed by the World Bank. It seeks to promote reduced greenhouse gas emissions from the land sector, from deforestation and forest degradation in developing countries (REDD+), and from sustainable agriculture, as well as smarter land-use planning, policies and practices.