The concept of 'Common but Differentiated Responsibilities' in international environmental law means that:
A.All countries share responsibility for environmental protection but the nature and extent of obligations differ according to capabilities and historical contributions
B.Only developed countries have any responsibility
Explanation:
The principle of common but differentiated responsibilities recognises that while all states are responsible for addressing global environmental problems, their respective obligations differ according to their capacities and their historical contributions to the problem.
Explanation:
The Capital Adequacy Ratio requires banks to hold a minimum amount of capital in proportion to their risk-weighted assets so that they can absorb losses and protect depositors.
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