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?

Only 1

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Only 2

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is C Neither 1 nor 2
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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Similar questions

Q. 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.
2. One Certified Emission Reduction (GER) is equivalent to a reduction of ten tonnes of carbon.
Which of the statements given above is/are correct?

Q. Under Kyoto Protocol, emissions reduction can be done through Clean Development Mechanism or Joint Implementation

89.. Consider the following statements:

i) The Second Commitment Period of the Kyoto Protocol is 2013- 2020.

ii) Both developed and developing countries have mandatory mitigation obligations or targets under the Kyoto Protocol.

iii) The Clean Development Mechanism (CDM) under the Kyoto Protocol enables developed countries to invest in “Clean” projects in developing countries.

Which of the above statements is/are correct?

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Only 1
None of these
Only 1 &3

Clean Development Mechanism’ is important component of Kyoto Protocol. Consider the following statements in this respect.

Which of the above mentioned statements is/are correct?

Only 1
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Only 2

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