A
1 only
B
Both 1 and 2
C
2 only
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because the JCM operational manual moves bilateral cooperation into execution. Statement 2 is incorrect because JCM operates specifically under Article 6.2 (decentralized bilateral or multilateral carbon credit transfers), not Article 6.4 central mechanisms.
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