Environment & Ecology · International Climate Initiatives
What is the primary objective of the Technology Mechanism established under the UNFCCC at COP-16 in Cancun?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To organize global dialogues to phase down unabated coal power and inefficient fossil fuel subsidies
- 2To provide financial compensation to vulnerable countries for unavoidable climate damages
- 3To facilitate the development and transfer of technologies for climate mitigation and adaptation✓
- 4To establish a universal transparency process for reporting on national climate actions
Correct answer
To facilitate the development and transfer of technologies for climate mitigation and adaptation
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