Q85 (NDA-I/2011) Environment & Ecology › Climate Change & Global Initiatives › UNFCCC and Kyoto Answer Verified

The Clean Development Mechanism (CDM), a mechanism to reduce greenhouse gas emission as per Kyoto Protocol implies that :

jndustrial countries receive carbon credits by funding carbon saving projects in another relatively affluent nation

industrial countries reduce their carbon emission by using environment friendly technology in production

developed countries invest in carbon reduction in developing countries and receive carbon credit in return

developed nations purchase carbon credit from other nations

Result

Your answer: — · Correct: C

Explanation

The Clean Development Mechanism (CDM) is defined under Article 12 of the Kyoto Protocol as a project-based flexibility mechanism [1]. It allows developed countries (Annex B Parties) with mandatory emission-reduction commitments to implement emission-reduction or removal projects in developing countries [3]. By financing these projects, developed nations earn Certified Emission Reduction (CER) credits, where each credit represents one tonne of CO2 equivalent [1]. These credits can then be applied by the developed nation toward meeting its own Kyoto Protocol emission targets [3]. This mechanism serves a dual purpose: it assists developing nations in achieving sustainable development through technology transfer and investment, while providing developed nations a cost-effective way to comply with their international environmental obligations [2]. Option 1 is incorrect as it mentions 'affluent' nations instead of developing ones, and Option 4 refers to general International Emissions Trading rather than the specific project-based nature of CDM.

Sources

[1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 21: Sustainable Development and Climate Change > SUSTAINABLE DEVELOPMENT GOALS > p. 599
[2] Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 24: Climate Change Organizations > Clean Development mechanism: > p. 325
[3] Environment, Shankar IAS Acedemy .(ed 10th) > Chapter 29: Environment Issues and Health Effects > Clean Developrnent Mechanism (CDM) > p. 425

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The Clean Development Mechanism (CDM), a mechanism to reduce greenhouse gas emission as per Kyoto Protocol implies that :

Explanation

SIMILAR QUESTIONS

Consider the following statements: 1. Clean Development Mechanism (CDM) in respect of carbon credits is one of the Kyoto Protocol Mechanisms. 2. Under the CDM, the projects handled pertain only to the Annex-I countries. Which of the statements given above is/are correct?

Consider the following pairs : Terms sometimes seen in the news Their origin 1. Annex-I Countries : Cartagena Protocol 2. Certified Emissions Reductions : Nagoya Protocol 3. Clean Development Mechanism : Kyoto Protocol Which of the pairs given above is/are correctly matched?

In the context of C02 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 ?

The Kyoto Protocol commits the developed nations, including economics in transition to reduce emissions of greenhouse gases by which one of the following during the years2008-2012?