Read the passage carefully and answer the items based on it.
Among the major objectives of the Glasgow Summit was to frame the foundation of an international carbon trading system listed in the Paris Agreement to achieve the target of net zero emissions by 2050. It would enable nations to transfer credits to each other and offset their emission targets. Critics of the trading system, and there are many, say it would give leeway to developed countries and companies that are highly polluting to stave off making deeper cuts in their low emissions by buying credits from poorer countries at exploitative prices. There are also major differences over whether the new trading system will recognize historical emissions permitted under earlier protocols. Others want rules that permit double credits for the nation funding a particular carbon reducing project, such as the regeneration of forests to act as a carbon sink, and for the country implementing it. A third issue is whether a share of the revenue from such a bilateral trading agreement will go toward the UN's Adaptation Fund. There have also been concerns about the integrity of the accounting system for such credits.
What is the third issue being mentioned in the context of ‘share of the revenue’ ?
- AThe revenue may not be shared with UN’s Adaptation Fund.
- BDeveloped countries would take the revenue from bilateral trading agreements.
- CPoor countries will have to shoulder the major responsibilities. .
- DAccounting system will be in the hands of developed countries.
Explanation
CORRECTED ANSWER (stored key was wrong). The passage says: "a third issue is whether a share of the revenue generated by the carbon market will go toward the UN's Adaptation Fund". This states that the question of sharing revenue with the Fund is under discussion - i.e., the revenue may or may not be shared with it (option A). Option B, the previously stored answer, claims the passage says developed countries would take the revenue - a statement that appears nowhere in the passage. The stored key B has therefore been corrected to A.