Consider the following statements: Statement-I: Carbon markets are likely to be one of the most widespread tools in the fight against climate change. Statement-II: Carbon markets transfer resources from the private sector to the State. Which one of the following is correct in respect of the above statements?

Which one of the following statements best describes the term ‘Social Cost of Carbon’?

Consider the following pairs: Terms sometimes seen in the news — Their origin 1. Annex-I Countries: Cartagena Protocol 2. Certified Emissions Reductions: Nagoya Protocol 3. Clean Development Mechanism: Kyoto Protocol Which of the pairs given above is/are correctly matched?

Which of the following statements regarding ‘Green Climate Fund’ is/are correct? 1. It is intended to assist the developing countries in adaptation and mitigation practices to counter climate change. 2. It is founded under the aegis of UNEP, OECD, Asian Development Bank and World Bank. Select the correct answer using the code given below.

With reference to ‘Forest Carbon Partnership Facility’, which of the following statements is/are correct? 1. It is a global partnership of governments, businesses, civil society and indigenous people. 2. It provides financial aid to universities, individual scientists and institutions involved in scientific forestry research to develop eco-friendly and climate adaptation technologies for sustainable forest management. 3. It assists the countries in their ‘REDD+ (Reducing Emissions from Deforestation and Forest Degradation+)’ efforts by providing them with financial and technical assistance. Select the correct answer using the code given below.

‘BioCarbon Fund Initiative for Sustainable Forest Landscapes’ is managed by the

With reference to ‘Global Environment Facility’, which of the following statements is/are correct?

Regarding “carbon credits”, which one of the following statements is not correct?

In the context of CO2 emission and Global Warming, what is the name of a market driven device under the UNFCC that allows developing countries to get funds/ incentives from the developed countries to adopt better technologies that reduce greenhouse gas emissions?

The concept of carbon credit originated from which one of the following.

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. Which of the statements given above is/are correct?

Which one of the following countries is the first country in the world to propose a carbon tax for its people to address the global warming?