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?
(a)
Both Statement II and Statement III are correct and both of them explain Statement I
(b)
Both Statement II and Statement III are correct but only one of them explains Statement I
(c)
Only one of the Statements II and III is correct and that explains Statement I
(d)
Neither Statement II nor Statement III is correct
Explanation
Let’s analyze each statement carefully with respect to Article 6 of the Paris Agreement:
Statement I:
Article 6 of the Paris Agreement on climate change is frequently discussed in global discussions on sustainable development and climate change.
Correct
Article 6 is a key part of the Paris Agreement, focusing on international cooperation, carbon markets, and mechanisms to achieve emissions reductions.
Statement II:
Article 6 of the Paris Agreement on climate change sets out the principles of carbon markets.
Correct
Article 6 explicitly provides the framework for carbon markets (specifically in Article 6.2 and 6.4), enabling countries to trade emissions reductions.
Statement III:
Article 6 of the Paris Agreement on climate change intends to promote inter-country non-market strategies to reach their climate targets.
Correct
Article 6.8 specifically addresses non-market approaches (NMAs), encouraging cooperative strategies beyond market mechanisms.
Relation to Statement I:
Both market-based (carbon markets) and non-market-based international cooperation are key parts of Article 6, explaining why it is frequently discussed.
Final Answer:
(a) Both Statement II and Statement III are correct and both of them explain Statement I