Question
What ‘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
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Explanation:
The Greenhouse Gas Protocol is an internationally recognized accounting tool developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). It provides a standardized framework for organizations to measure, quantify, and manage greenhouse gas emissions. The protocol helps governments and businesses understand their emissions profile, set reduction targets, and develop strategies to mitigate their impact on climate change. It is widely used as a guiding framework for greenhouse gas accounting and reporting by organizations around the world. Therefore, option (a) is the correct description of the Greenhouse Gas Protocol.