'Basel III Accord' or simply 'Basel III' often seen in the news, seeks to

• A. develop national strategies for the conservation and sustainable use of biological diversity
• B. improve banking sector's ability to deal with financial and economic stress and improve risk management
• C. reduce the greenhouse gas emissions but places a heavier burden on developed countries
• D. transfer technology from developed countries to poor countries to enable them to replace the use of choloflurocarbons in refrigeration with harmless chemicals