Carbon crediting is supported by the Kyoto Protocol
B
Carbon crediting is given to countries that have reduced greenhouse gas emissions
C
It is intended to stop carbon dioxide emissions
D
It is negotiated at a price determined by UNEP
Correct Option:
A
Explanation
The Kyoto Protocol established market-based mechanisms including emissions trading and the Clean Development Mechanism, under which certified emission-reduction credits could be generated and traded. (UNFCCC)
Option (4) is incorrect: UNEP does not simply dictate a universal carbon-credit price.
