Concept explainers
Which agreement did 196 nations adopt in December 2015?
A. Oslo Accord
B. Paris Climate Agreement
C. Kyoto Agreement
D. Copenhagen Accord
Introduction:
Sustainability concept can be explained as a realization of the present needs without hampering and hindering the needs of the future generation. It consists of major 3P’s precisely profits earned, planet and people of society.
To identify:
The correct agreement that was adopted by 196 nations in December 2015.
Answer to Problem 1MC
Option B is the correct answer.
Explanation of Solution
Explanation for correct option:
B.
In December 2015, 196 nations adopted an agreement known as Country P’s climate agreement to work towards the increasing levels of global temperatures to tackle the consequences of global warming. Therefore, option B is correct.
Explanation for incorrect options:
A.
Oslo Accord was an agreement between the Government of Country I and the Palestine Liberation Organization (PLO). Oslo Accord is not an agreement adopted in December 2015 by 196 nations. Therefore, option A is incorrect.
C.
Kyoto Agreement was an agreement that stated that the state parties to minimize the use of greenhouse gases to avoid the increasing level of global emissions. Therefore, option C is incorrect.
D.
Copenhagen Accord is an agreement that was passed on 18th December 2009 and was also delegated to the UN framework convention on change in climatic conditions. Therefore, option D is incorrect.
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Principles of Accounting Volume 2AccountingISBN:9781947172609Author:OpenStaxPublisher:OpenStax College