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

Q: What is UPSC Prelims?

UPSC Prelims is a competitive examination conducted in India. This question is from the 2015 UPSC Prelims Environment & Ecology paper.

Q: How can I prepare for UPSC Prelims Environment & Ecology?

To prepare for UPSC Prelims Environment & Ecology, practice previous year questions (PYQs), understand concepts thoroughly, and solve mock tests regularly. This 2015 question covers International Environmental Conventions & Protocols topic.

Q: What is the difficulty level of this question?

This UPSC Prelims 2015 Environment & Ecology question has a medium difficulty level and is marked as an important question.

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You can find more UPSC Prelims previous year questions on AspirantMitraa. Browse by subject, topic, year, and difficulty level to practice effectively.

Question

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

Accepted Answer

Correct Answer: D — World BankStep-by-step Solution:The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral fund managed by the World Bank. It was launched in 2013 at the Warsaw Climate Conference (COP19) with financial support from donor countries including Norway, UK, USA, Germany, and others.The ISFL promotes reduced greenhouse gas emissions from the land sector — particularly from deforestation, forest degradation, and unsustainable agriculture — while supporting sustainable development. It differs from regular forest carbon projects by taking a jurisdictional and landscape-scale approach — working with entire provinces, states, or landscapes rather than individual forest project sites. This helps address underlying drivers of deforestation (agricultural expansion, infrastructure) more comprehensively. ISFL provides both technical assistance and result-based payments to countries that successfully reduce emissions from their forest and agriculture sectors.Why other options are incorrect:Option A (Asian Development Bank): ADB manages various environment and climate programmes in Asia-Pacific but does not manage the BioCarbon Fund ISFL. ADB has its own climate finance initiatives for the Asia-Pacific region.Option B (IMF): IMF deals with international monetary system, financial stability, and balance of payments — not with forest carbon or environmental funds.Option C (UNEP): UNEP manages various environment programmes including the UN-REDD Programme (jointly with UNDP and FAO) which also addresses forest emissions. However, the specific BioCarbon Fund ISFL is a World Bank instrument, not a UNEP programme.Key Concept: World Bank's forest/carbon funds: BioCarbon Fund (established 2002) — pioneered forest and land use carbon finance; BioCarbon Fund ISFL (2013) — landscape-scale approach; Forest Carbon Partnership Facility (FCPF) — REDD+ readiness and results-based payments; Carbon Finance Unit. REDD+ (Reducing Emissions from Deforestation and forest Degradation in developing countries, plus conservation, sustainable management, and enhancement of forest carbon stocks): key mechanism under UNFCCC for forest-based climate mitigation; requires 'Reference Emission Levels' (REL) as baseline; India's REDD+ programme under MoEFCC. Carbon sequestration by forests is a major component of India's NDC (Nationally Determined Contribution) under the Paris Agreement — India aims to create an additional carbon sink of 2.5-3 billion tonnes CO₂ equivalent by 2030 through forests.

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

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More Questions from International Environmental Conventions & Protocols

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

Master UPSC Prelims with Our Test Series

More Questions from International Environmental Conventions & Protocols

Frequently Asked Questions