A) Asian Development Bank
B) International Monetary Fund
C) United Nations Environment Programme
D) World Bank
Correct Answer: D
Solution :
[d] Three nations are funding a major new BioCarbon Fund initiative to support forest landscapes. The funding pledge was announced during an event at the United Nations' climate summit in Warsaw, known as COP19. Norway, the United Kingdom, and the United States together committed $280 million dollars up to $135 million from Norway, $120 million from the U.K, and $25 million from the U.S. (dollars) as part of their efforts to slow climate change. The initiative will be managed by the BioCarbon Fund, a public-private program housed within the World Bank that mobilizes finance for activities that sequester or conserve carbon emissions in forest and agricultural systems.
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