Consider the following statements: Statement I: Article 6 of the Paris Agreement on climate change is frequently discussed in global discussions on sustainable development and climate change. Statement II: Article 6 of the Paris Agreement on climate change sets out the principles of carbon markets. Statement III: Article 6 of the Paris Agreement on climate change intends to promote inter-country non-market strategies to reach their climate targets. Which one of the following is correct in respect of the above statements?

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Accepted Answer

The correct answer is option A. Statement I is correct: Article 6 of the Paris Agreement is indeed a central topic in global climate discussions due to its role in enabling international cooperation and enhancing climate ambition. Statement II is correct: Article 6.2 and 6.4 of the Paris Agreement establish frameworks for international carbon markets, allowing countries to trade emission reductions. This is a key reason for its frequent discussion. Statement III is correct: Article 6.8 specifically addresses non-market approaches to cooperation, promoting strategies like joint mitigation and adaptation efforts that do not involve carbon trading. Both market-based (carbon markets) and non-market-based strategies are crucial mechanisms outlined in Article 6 for countries to achieve their climate targets, making it a complex and frequently discussed aspect of the Paris Agreement. Therefore, both statements II and III are correct and collectively explain why Statement I is true. International climate agreements and their mechanisms are highly relevant for UPSC.

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