UPSC Prelims 2009·GS1·polity-and-governance·social justice and international relations

In the context of CO₂ emission and Global Warming, what is the name of a market driven device under the UNFCC that allows developing countries to get funds/incentives from the developed countries to adopt better technologies that reduce greenhouse gas emissions?

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Last updated 23 May 2026, 3:31 pm IST
  1. ACarbon Footprint
  2. BCarbon Credit Rating
  3. CClean Development MechanismCorrect
  4. DEmission Reduction Norm

Explanation

The Clean Development Mechanism, or CDM, is the correct answer because it was established under the Kyoto Protocol of the UNFCCC. It is a market based mechanism that allows developed countries to meet their emission reduction targets by investing in green projects in developing nations. In return for these investments and the transfer of better technologies, the developed countries earn certified emission reduction credits, while developing countries receive the necessary funds and incentives to lower their greenhouse gas emissions. Options A, B, and D are incorrect because Carbon Footprint is a measure of impact, Carbon Credit Rating is an assessment tool, and Emission Reduction Norms are regulatory standards, none of which represent the specific UNFCCC market device described in the question.
polity-and-governance: In the context of CO₂ emission and Global Warming, what is the name of a market driven device under the UNFCC that allow
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