Which among the following statement related to CBDR (Common But Differentiated Responsibilities) is not correct: 

Correct option is C

The statement (c) It grants certain trade concessions to Developing Countries is not correct in the context of CBDR (Common But Differentiated Responsibilities). CBDR is a principle in international environmental law, particularly recognized in the United Nations Framework Convention on Climate Change (UNFCCC), which asserts that while all countries are responsible for addressing environmental degradation, developed and developing nations have different capacities and historical responsibilities in doing so. This principle is about differentiated environmental responsibilities, not about providing trade concessions.
Information Booster:
1. Origin of CBDR: The concept was introduced in the 1992 Rio Earth Summit as a foundational principle of international environmental law.
2. Environmental Equity: CBDR addresses the disproportionate historical contributions of developed countries to environmental damage.
3. Differentiation Principle: It allows developing countries more time and support to meet environmental obligations compared to developed nations.
4. Global Climate Agreements: CBDR is central to agreements like the Kyoto Protocol and the Paris Agreement, setting different targets for developed and developing countries.
5. Support for Developing Nations: CBDR includes financial and technological assistance to help developing countries achieve environmental targets.
6. Developed Countries' Stance: Although generally supportive, some developed nations express concerns over financial obligations under CBDR.