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?
Article 6 of the Paris Agreement is crucial as it outlines international cooperation through both carbon markets and non-market approaches to help countries meet climate goals. ✅ Statement I is correct:
* Article 6 is widely discussed because it enables cooperation through market and non-market means to fight climate change. ✅ Statement II is correct:
* It defines rules for carbon markets, including carbon trading and credit mechanisms. ✅ Statement III is correct:
* It also promotes non-market tools like technology transfer and capacity building to reach climate targets. So, the correct answer is: A