Which of the following statements about the Carbon Border Adjustment Mechanism (CBAM) is/are correct? 1. These are an emerging set of trade policy tools to allow movement of carbon-intensive economic activity from a jurisdiction having less stringent climate policy to a jurisdiction having stringent climate po licy. 2. These are meant to increase the environmental effectiveness of climate policies. Select the correct answer using the code given below:

The Agreement on Climate Change, Trade and Sustainability (ACCTS), which has figured in recent discussions, is an initiative associated with which one of the following?

Given below are two statements regarding climate policies and international funding: Statement I: The European bloc seeks to incentivize emerging economies to adopt cleaner standards through trade-related carbon mechanisms. Statement II: Rich nations have fully met their financial targets to help developing nations transition to low-carbon pathways through seamless climate funding. In the light of the above statements, choose the correct answer from the options given below: