- A) Emission trading: Emission trading is a market based approach to control pollution. In this a set of quota is set as limitation on the amount of carbon that can be emitted. If the entity exceeds the quota it has to buy from a seller which has emitted less quantum of carbon than the prescribed limit. It is between two annexure countries.
- B) Clean development mechanism: It allows a country with emission reduction limitation to set up a project in developing country. This setting up of the project will be considered as the part of the emission reduction programme of the implementing country. It is a mechanism sanctioned under Kyoto protocol.
- C) joint implementation: An annex I country ( which have mandatory binding under Kyoto protocol) can invest in emission reduction projects in any other annex I country as an alternative to reducing emissions domestically.
- d) REDD: It is a set of steps designed to use market and financial incentive in order to reduce emissions of green house gases from deforestration and forest degradation. It is a 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube