Q. Consider the following statements:1. Clean Development Mechanism (CDM) in respect of carbon credits is one of the Kyoto Protocol Mechanisms.2. Under the CDM, the projects handled pertain only to the Annex-I countries.Which of the statemets given above is/are correct ? 

1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2