UPSC Prelims 2009·GS1·geography·ecology and environment

The concept of carbon credit originated from which one of the following?

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Last updated 23 May 2026, 3:31 pm IST
  1. AEarth Summit, Rio de Janeiro
  2. BKyoto ProtocolCorrect
  3. CMontreal Protocol
  4. DG-8 Summit, Heiligendamm

Explanation

The concept of carbon credit originated from the Kyoto Protocol, which corresponds to Option B. The Kyoto Protocol was adopted in 1997 and introduced market based mechanisms to reduce greenhouse gas emissions. These mechanisms included Clean Development Mechanism, Joint Implementation, and Emissions Trading, which effectively gave birth to the system of carbon credits. The Montreal Protocol, Option C, was focused on substances that deplete the ozone layer, such as chlorofluorocarbons, rather than carbon credits. The Earth Summit focused on sustainable development, and the G8 Summit in Heiligendamm discussed climate change but did not originate the carbon credit concept. If you are following a specific key that marks C as correct, it may be an error in that particular source. According to standard academic and official records, the Kyoto Protocol is the origin of carbon credits.
geography: The concept of carbon credit originated from which one of the following?

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