UPSC Exam > UPSC Questions > Consider the following statements regarding N...
Start Learning for Free
Consider the following statements regarding National Carbon Registry:
- It allows countries to manage national data and processes for trading carbon credits.
- It was developed by the United Nations Development Programme.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Consider the following statements regarding National Carbon Registry: ...
Recently, United Nations Development Programme (UNDP) has developed open-source software which allows countries to effectively manage national data and processes for trading carbon credits.
- National Carbon Registry software has recently been accredited as a digital public good (DPG).
- As a DPG, the registry uses open-source code, which allows countries to replicate and adapt the information to fit their own needs and contexts.
- The registry’s modules, software and technical documentation can be reused and tailored by countries, which could potentially reduce production costs and implementation timelines.
- The registry follows national and international best practices which includes UNDP, the World Bank, the United Nations Framework Convention of Climate Change (UNFCCC) and the European Bank for Reconstruction and Development (EBRD).
Key facts about United Nations Development Programme
- It is the United Nations lead agency on international development.
- It works in 170 countries and territories to eradicate poverty and reduce inequality.
- It helps countries to develop policies, leadership skills, partnering abilities, institutional capabilities, and to build resilience to achieve the Sustainable Development Goals.
- Its work is concentrated in three focus areas; sustainable development, democratic governance and peace building, and climate and disaster resilience.
Hence both statements are correct.
Free Test
FREE
| Start Free Test |
Community Answer
Consider the following statements regarding National Carbon Registry: ...
Overview:
The National Carbon Registry is a platform that allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme (UNDP).
Statement 1: It allows countries to manage national data and processes for trading carbon credits.
The National Carbon Registry serves as a centralized platform that enables countries to manage their national data and processes related to trading carbon credits. Carbon credits are units of measurement that represent the reduction of one metric ton of carbon dioxide (or its equivalent) in the atmosphere. These credits can be bought and sold as a means to offset greenhouse gas emissions.
The registry provides a transparent and secure system for countries to track and record their emission reductions, ensuring the integrity and credibility of carbon credit trading. It allows countries to create and manage accounts, report emissions data, and track the issuance, transfer, and retirement of carbon credits.
Statement 2: It was developed by the United Nations Development Programme.
The second statement is correct. The National Carbon Registry was indeed developed by the United Nations Development Programme (UNDP). The UNDP is a UN agency that works on various development initiatives, including climate change mitigation and sustainable development.
The UNDP recognized the need for a reliable and transparent platform to facilitate carbon credit trading and established the National Carbon Registry to fulfill this purpose. The registry is designed to align with international standards and guidelines for carbon accounting and trading, ensuring its compatibility with global efforts to address climate change.
Conclusion:
Both statements are correct. The National Carbon Registry enables countries to manage their national data and processes for trading carbon credits, and it was developed by the United Nations Development Programme (UNDP). The registry plays a crucial role in promoting transparency and accountability in carbon credit trading, contributing to global efforts to mitigate climate change.
The National Carbon Registry is a platform that allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme (UNDP).
Statement 1: It allows countries to manage national data and processes for trading carbon credits.
The National Carbon Registry serves as a centralized platform that enables countries to manage their national data and processes related to trading carbon credits. Carbon credits are units of measurement that represent the reduction of one metric ton of carbon dioxide (or its equivalent) in the atmosphere. These credits can be bought and sold as a means to offset greenhouse gas emissions.
The registry provides a transparent and secure system for countries to track and record their emission reductions, ensuring the integrity and credibility of carbon credit trading. It allows countries to create and manage accounts, report emissions data, and track the issuance, transfer, and retirement of carbon credits.
Statement 2: It was developed by the United Nations Development Programme.
The second statement is correct. The National Carbon Registry was indeed developed by the United Nations Development Programme (UNDP). The UNDP is a UN agency that works on various development initiatives, including climate change mitigation and sustainable development.
The UNDP recognized the need for a reliable and transparent platform to facilitate carbon credit trading and established the National Carbon Registry to fulfill this purpose. The registry is designed to align with international standards and guidelines for carbon accounting and trading, ensuring its compatibility with global efforts to address climate change.
Conclusion:
Both statements are correct. The National Carbon Registry enables countries to manage their national data and processes for trading carbon credits, and it was developed by the United Nations Development Programme (UNDP). The registry plays a crucial role in promoting transparency and accountability in carbon credit trading, contributing to global efforts to mitigate climate change.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Solutions for Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements regarding National Carbon Registry: It allows countries to manage national data and processes for trading carbon credits. It was developed by the United Nations Development Programme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup