Clean development mechanism main purpose – UGC NET Question

The Clean Development Mechanism enables developed countries to meet part of their emission reduction commitments by financing projects that reduce emissions in developing countries. These projects generate certified emission reductions that can be credited to investor countries. The mechanism is intended to support sustainable development while lowering global mitigation costs. Therefore the description in the question refers to the Clean Development Mechanism.

Option A:
Joint implementation is another flexibility mechanism under the Kyoto Protocol,but it operates between developed countries rather than between developed and developing countries. It does not fit the pattern of investment from industrialised to developing nations described in the stem. Thus it is not correct here.

Option B:
Emission trading allows countries with emission units to spare to sell them to countries exceeding their limits. While related to carbon markets,it is not specifically about project based investments in developing countries. Hence it is not the best answer.

Option C:
The Clean Development Mechanism uniquely combines emission reduction projects in developing countries with credits for developed country investors. It is project based and aims to achieve both climate and development benefits. This aligns exactly with the question’s description.

Option D:
The Green Climate Fund is a financial mechanism under the UNFCCC intended to support climate action in developing countries. It is not a Kyoto flexibility mechanism granting certified emission reductions to investors. Therefore it does not match the concept defined in the question.