Exam SCR topic 1 question 41 discussion

Actual exam question from GARP's SCR

Question #: 41
Topic #: 1

An investment management firm signs a net zero asset management initiative. An analyst engages with client companies to encourage adoption of targets that align with Paris Agreement goals. The analyst provides clients with a guide explaining the principles and protocols unique to the Paris Agreement.
How will the analyst most likely describe the feature that distinguishes the Paris Agreement?

A. A framework that recognizes many stakeholders, from subnational actors to private-sector businesses and financial institutions, can help contribute to climate goals
B. An emissions reduction mechanism that allows Annex 1 countries that make deeper emissions cuts to sell surplus emissions allowances to other Annex 1 countries
C. A structure that legally binds signed parties to develop national climate policy plans that are reviewed and approved annually by the UN
D. A clean development mechanism that provides a way for emissions cuts to be spread to developing economies

Show Suggested Answer

Suggested Answer: A 🗳️

by goodforme at March 5, 2023, 3:06 a.m.

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Ramki_Looking_For_Answerkey

1 year, 1 month ago

C is grossly wrong.. I regret subscribing for these questions.

upvoted 1 times

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CecileC

2 years, 1 month ago

Selected Answer: A

Paris Agreement is not legally binded

upvoted 1 times

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Karnitschnig

2 years, 1 month ago

Selected Answer: A

The reviews are every 5 years.

upvoted 2 times

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goodforme

2 years, 2 months ago

Selected Answer: A

In addition, the framework around the Paris Agreement explicitly recognized for the first time that many kinds of stakeholders, ranging from subnational actors such as cities and regions to private-sector businesses and financial insti-tutions, could help to contribute to climate goals.

upvoted 3 times

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