With reference to the BioCarbon Fund Initiative, consider the following statements:

1. The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral fund, supported by donor governments.

2. It is managed by the Asian Development Bank.

3. It seeks to promote reduced greenhouse gas emissions from the land sector, from deforestation and forest degradation in developing countries.

 How many of the above statements are correct? 

1
Only one
2
Only two
3
 All three
4
None

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