What is ‘Greenhouse Gas Protocol’?
It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions
It is an initiative of the United Nations to offer financial incentives to developing countries to reduce greenhouse gas emissions and to adopt eco-friendly technologies
It is an inter-governmental agreement ratified by all the member countries of the United Nations to reduce greenhouse gas emissions to specified levels by the year 2022
It is one of the multilateral REDD+ initiatives hosted by the World Bank
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC IAS – 2016
– Option B is incorrect. This describes a potential climate finance mechanism or fund, not a protocol for accounting.
– Option C is incorrect. The GHG Protocol is not an inter-governmental agreement setting emission reduction targets. International agreements like the Paris Agreement set targets.
– Option D is incorrect. This describes an initiative like the Forest Carbon Partnership Facility (FCPF) related to REDD+, not the GHG Protocol.