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 Carbon Scheme was introduced under the:

 Carbon Scheme was introduced under the:

  • (A) UN Convention on Climate Change
  • (B) UN Convention on Biodiversity
  • (C) Kyoto Protocol
  • (D) Ramses Convention
  • The carbon credit system, including the Clean Development Mechanism (CDM), has been introduced under the Kyoto Protocol framework.
  • Kyoto Protocol (1997): This is a treaty aimed at reducing emissions of greenhouse gases. Market-based instruments such as carbon trading, Clean Development Mechanism (CDM), and Joint Implementation were introduced to help achieve the targets set by developed countries. While the Kyoto Protocol was adopted under the UN Framework Convention on Climate Change (UNFCCC), the specific scheme of carbon trading/credits was created by the Protocol itself in 1997.
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 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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