Q. What is Greenhouse Gas Protocol?

[A] It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions

[B] It is an initiative of the United Nations to offer financial incentives to developing countries to reduce greenhouse gas emissions and to adopt eco-friendly technologies

[C] It is an inter-governmental agreement ratified by all the member countries of the United Nations to reduce greenhouse gas emissions to specified levels by the year 2022

[D] It is one of the multilateral REDD+ initiatives hosted by the World Bank

Answer: A
Notes:

Explanation:

  • The Greenhouse Gas Protocol (GHG Protocol) was developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD).
  • It is widely used as the global standard framework to measure and manage GHG emissions across private and public sector organizations.
  • It is not a UN treaty, REDD+ initiative, or financial incentive mechanism.

Source: Environment (Factly Forum IAS)

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