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?
Explanation
Article 6 of the Paris Agreement is crucial as it outlines international cooperation through both carbon markets and non-market approaches to help countries meet climate goals.
Statement I is correct: * Article 6 is widely discussed because it enables cooperation through market and non-market means to fight climate change.
Statement II is correct: * It defines rules for carbon markets, including carbon trading and credit mechanisms.
Statement III is correct: * It also promotes non-market tools like technology transfer and capacity building to reach climate targets.
So, the correct answer is: A