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With reference to the Kyoto Protocol, consider the following statements:
1.Joint Implementation allows a country with an emission reduction or limitation commitment under the Kyoto Protocol (Annex B Party) to earn emission reduction units from an emission-reduction project in developing countries.
2.Clean Development Mechanism allows a country with an emission-reduction commitment under the Kyoto Protocol (Annex B Party) to implement an emission- reduction project in another Annex B Party.
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
None
option d
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