Question
Which one the following is associated with the issue of control and phasing out of the use of ozone-depleting substances?
(a) Bretton Woods Conference
(b) Montreal Protocol
(c) Kyoto Protocol
(d) Nagoya Protocol
Answer:
B
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Explanation:
The Montreal Protocol is an international environmental agreement that aims to protect the ozone layer by phasing out the production and consumption of ozone-depleting substances, such as chlorofluorocarbons (CFCs) and halons. It was agreed upon in 1987 and has been successful in reducing the production and use of these harmful substances.
Kyoto is associated with United Nations Framework Convention on Climate Change (UNFCCC) and aims to address the issue of global climate change by reducing greenhouse gas emissions.
The Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization is a supplementary agreement to the Convention on Biological Diversity (CBD).
Bretton Woods Conference is associated with the creation of two key institutions: the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), now part of the World Bank Group.