'BioCarbon Fund Initiative for Sustainable Forest Landscapes' is managed by the
Answer & explanation
Answer: (d) World Bank
The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral fund. Donor governments support it, and the World Bank manages it. It promotes reduced greenhouse gas emissions from the land sector, including REDD+, climate-smart agriculture and better land-use planning.
- ✓ (d) The World Bank's own ISFL flyer describes the facility as 'supported by donor governments and managed by the World Bank'. The ISFL website says the same.
- ✗ (a) The Asian Development Bank is a regional development bank for Asia and the Pacific. It does not manage ISFL.
- ✗ (b) The IMF deals with macroeconomic and balance-of-payments stability. It does not run forest-carbon funds.
- ✗ (c) UNEP is a tempting choice because the topic is environmental. But ISFL sits within the World Bank's carbon-finance family, which also includes the Forest Carbon Partnership Facility.
Remember · ISFL, the BioCarbon Fund Initiative for Sustainable Forest Landscapes, is a World Bank-managed multilateral fund for REDD+, sustainable agriculture and better land-use planning.
Sources
- World Bank – BioCF ISFL flyer ↗ “is a new multilateral facility, supported by donor governments and managed by the World Bank. It seeks to promote reduced greenhouse gas emissions from the land sector”
- ISFL official site (World Bank Group) – Who We Are ↗ · reference work “is a multilateral fund, supported by donor governments and managed by the World Bank.”
Question: UPSC Civil Services (Preliminary) 2015, General Studies Paper I. Explanation: Minimalist IAS, checked 25 Oct 2026 (how we verify). ·
