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.
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.
Statement 1 is correct: CDM is part of Kyoto Protocol Mechanisms.