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Question

Consider the following flexible mechanisms of Kyoto Protocol:
1. Through Clean Development Mechanism (CDM), any Annex I country can invest in emission reduction projects in any other Annex I country as an alternative to reduce emissions domestically.
2. Through Joint Implementation (JI), countries can meet their domestic emission reduction targets by buying greenhouse gas reduction units from (projects in) non Annex I countries to the Kyoto Protocol (mostly developing countries). Which of the above statements is/are correct?
  1. Only 1
  2. Only 2
  3. Neither 1 nor 2
  4. Both 1 and 2

A
Neither 1 nor 2
B
Only 1
C
Both 1 and 2
D
Only 2
Solution
Verified by Toppr

Clean Development Mechanism allows Annex 1 countries to earn saleable Certified Emission Reduction (CER) units by investing in projects, programmes, policies in non Annex 1 countries which result in significant emission reduction.

On the contrary, under the Joint Implementation (JI) mechanism, Annex 1 countries can invest in other Annex 1 countries and earn Emission Reduction Units (ERUs) which would be counted in the calculations for target completion under Kyoto Protocol.

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Q1
Consider the following flexible mechanisms of Kyoto Protocol:
1. Through Clean Development Mechanism (CDM), any Annex I country can invest in emission reduction projects in any other Annex I country as an alternative to reduce emissions domestically.
2. Through Joint Implementation (JI), countries can meet their domestic emission reduction targets by buying greenhouse gas reduction units from (projects in) non Annex I countries to the Kyoto Protocol (mostly developing countries). Which of the above statements is/are correct?
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Q2
Consider the following statements:
1. Clean Development Mechanism (CDM) did not allow for company projects in developing countries, with no mandated emission reduction targets to trade in Certified Emission Reduction (GER) with the countries that have such targets.
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Q3
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Q4

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Q5
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