Q14.
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?
Answer
A
Explanation
6 of the Paris Agreement enables international to tackle climate change and to unlock support for developing countries. are three components to Article 6: 6.2: Provides accounting and reporting guidance Parties to use internationally transferred mitigation towards their nationally determined (NDCs). 6.4: Establishes a new UNFCCC mechanism which be used to trade high-quality carbon credits. 6.8: Provides opportunities for non-market- cooperation for enhancing climate action. In Article 6 aims to facilitate international and enhance climate ambition by enabling to work together to reduce emissions and their climate goals. It's a crucial part of the Paris allowing for flexibility and cooperation in the treaty's commitments. Hence, Both II and Statement III are correct and both of explain Statement I.