Q. With reference to the Article 6 of the Paris Climate Accord, consider the following statements:
Article 6.2 - international cooperation for carbon accounting and trading.
Article 6.4 - sustainable development mechanism.
Article 6.8 - non-market approaches to discourage carbon emissions.
Which of the statements given above is/are correct? Answer:
1, 2 & 3
Notes: Article 6 of the Paris Climate Accord addresses cooperative approaches for signatory states to meet their nationally determined contributions (NDCs) in reducing carbon emissions, remaining unresolved. Article 6.2 establishes an accounting framework for international cooperation and carbon trading. Article 6.4 introduces a UN mechanism for trading carbon credits, serving as the basis for the Sustainable Development Mechanism. Article 6.8 outlines a work program for non-market strategies, such as carbon emission taxes.