The concept of 'carbon credit' is a market-based mechanism aimed at reducing greenhouse gas emissions. It was formally introduced and operationalized under the Kyoto Protocol, an international treaty linked to the United Nations Framework Convention on Climate Change (UNFCCC).
The concept of 'carbon credit' originated from which one of the following?
Asked in JPSC CS Prelims 2011 · Topic: Greenhouse Effect and Climate Change (International Conventions and Agreements on Climate Change (e.g., UNFCCC, Kyoto Protocol, Paris Agreement))
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