‘BioCarbon Fund Initiative for Sustainable Forest Landscapes’ is managed by the  

(a) Asian Development Bank

(b) International Monetary Fund

(c) United Nations Environment Programme

(d) World Bank

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(d) Housed within the Carbon Finance Unit of the World Bank, the Bio Carbon Fund is a publicprivate 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.

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