Environment and Ecology
2016
Climate Change
International Conservation Efforts

What is ‘Greenhouse Gas Protocol’?

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

Correct Answer: Option A

The Greenhouse Gas Protocol (GHG Protocol) is the most widely used international accounting tool for government and business leaders.

It helps them to understand, quantify, and manage greenhouse gas emissions.

It's a partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) spanning over a decade.

The GHG Protocol collaborates with businesses, governments, and environmental groups globally to develop credible and effective climate change programs.

Hence, option a is the correct answer.

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