In the context of CO2 emission and Global Warming, what is the name of a market driven device
In the context of CO2 emission and Global Warming, what is the name of a market driven device under the UNFCC that allows developing countries to get funds/ incentives from the developed countries to adopt better technologies that reduce greenhouse gas emissions?
(a) Carbon Footprint
(b) Carbon Credit Rating
(c) Clean Development Mechanism
(d) Emission Reduction Norm
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(c) The Clean Development Mechanism (CDM), defined in Article 12 of the Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries.
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