Correct Answer: Article 6
Article 6 of the Paris Agreement establishes a framework for international cooperation in reducing greenhouse gas emissions through carbon markets and other collaborative approaches. Pakistan approved its Carbon Market Policy Guidelines under Article 6 to facilitate participation in international carbon credit trading while supporting sustainable development and climate resilience. The policy aims to attract green investment, encourage renewable energy projects, reduce carbon emissions, and help Pakistan fulfill its commitments under the Paris Agreement. Article 6 enables countries to cooperate voluntarily by transferring carbon credits, making it one of the most significant mechanisms for achieving global climate goals through market-based solutions.
- Agreement: Paris Agreement.
- Relevant Provision: Article 6.
- Main Purpose: International carbon markets and emissions trading.
- Pakistan's Objective: Climate action and sustainable development.
- Correct Answer: Article 6.