Q. Core Carbon Principle (CCP) standards, seen in the news recently, aims to:
Quarterly-SFG-Jan-to-March
Red Book

[A] Establish high-quality benchmarks for carbon credits in the voluntary carbon market

[B] Regulate carbon emissions for industrial sectors globally

[C] Establish a universal carbon tax framework for all industries.

[D] Reduce the transparency and accountability of carbon-crediting programs

Answer: A
Notes:

Explanation – The Core Carbon Principles (CCPs) are designed to set a global benchmark for high-quality carbon credits, ensuring that investments in carbon offset projects are credible and effective. They aim to enhance the integrity and transparency of the voluntary carbon market by defining what makes a high-integrity carbon credit, focusing on aspects like governance, emissions impact, and sustainable development.

Source: DD News


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