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Understanding Article 6 of the Paris Agreement

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Understanding Article 6 of the Paris Agreement

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Questions and Answers

How does the SDM under Article 6 address the issue of double counting of emission reductions?

By prohibiting the transfer of emission reductions between countries

By creating a centralized registry to track all emission reduction activities

By establishing a global carbon price that all countries must adhere to

By requiring countries to adjust their national carbon inventories when using carbon offsets (correct)

What is the main purpose of the Sustainable Development Mechanism (SDM) established under Article 6 of the Paris Agreement?

To provide financial support for developing countries to mitigate climate change

To set a global cap on greenhouse gas emissions

To establish a new international climate change treaty

To facilitate international cooperation and carbon trading between countries (correct)

What is the primary function of carbon pricing mechanisms, such as emissions trading systems, under Article 6 of the Paris Agreement?

To create a global market for renewable energy credits

To internalize the negative externalities of greenhouse gas emissions (correct)

To generate revenue for climate change adaptation efforts

To incentivize countries to exceed their Nationally Determined Contributions (NDCs)

How do the transparency requirements under Article 6 of the Paris Agreement differ from the Kyoto Protocol?

Article 6 has more stringent reporting requirements for countries Signup and view all the answers

What is the primary economic incentive for countries to participate in the Sustainable Development Mechanism (SDM) under Article 6 of the Paris Agreement?

To generate revenue from the sale of their excess emissions allowances Signup and view all the answers

Which of the following is a key challenge in the implementation of the Sustainable Development Mechanism (SDM) under Article 6 of the Paris Agreement?

Ensuring the environmental integrity of carbon credits traded Signup and view all the answers

What is the primary purpose of the 'corresponding adjustments' required under Article 6 of the Paris Agreement?

To prevent the double counting of emission reductions between countries Signup and view all the answers

How does the Sustainable Development Mechanism (SDM) under Article 6 of the Paris Agreement differ from the Clean Development Mechanism (CDM) under the Kyoto Protocol?

The SDM allows for bilateral cooperation between countries, while the CDM was a centralized mechanism managed by the United Nations Signup and view all the answers

How does the Sustainable Development Mechanism (SDM) under Article 6 of the Paris Agreement aim to promote sustainable development?

By allowing countries to use the proceeds from carbon trading to fund sustainable development projects Signup and view all the answers

What is the key difference between the market-based mechanisms under Article 6 of the Paris Agreement and the flexible mechanisms (such as the Clean Development Mechanism) under the Kyoto Protocol?

The Paris Agreement mechanisms are decentralized and allow for bilateral cooperation, while the Kyoto mechanisms were centralized Signup and view all the answers