Consider the following statements :
Statement I: Article 6 of the Paris Agreement on climate change is frequen

Question

Consider the following statements :
Statement I: Article 6 of the Paris Agreement on climate change is frequently discussed in global discussions on sustainable development and climate change.
Statement II: Article 6 of the Paris Agreement on climate change sets out the principles of carbon markets.
Statement III : Article 6 of the Paris Agreement on climate change intends to promote inter-country non-market strategies to reach their climate targets.
Which one of the following is correct in respect of the above statements?

Accepted Answer

Statement I: Article 6 of the Paris Agreement is indeed frequently discussed in global sustainability and climate discussions as it provides mechanisms for international cooperation.

Statement II: Correct and explains Statement I. Article 6 establishes the framework for international carbon markets, allowing countries to trade carbon credits and use market mechanisms to achieve their climate targets more cost-effectively.

Statement III: Correct and explains Statement I. Article 6 also promotes non-market approaches for international cooperation, such as technology transfer, capacity building, and climate finance, providing alternatives to market-based mechanisms for countries to collaborate on climate action.

Both market and non-market approaches under Article 6 make it a central topic in international climate discussions.

Answer

Both Statement II and Statement III are correct and both of them explain Statement I

Answer

Both Statement II and Statement III are correct but only one of them explains Statement I

Answer

Only one of the Statements II and III is correct and that explains Statement I

Answer

Neither Statement II nor Statement III is correct

Explanation

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