Explain the key mechanisms of Kyoto protocol. Explain the features of Paris Agreement on Climate Change.

The Kyoto Protocol and the Paris Agreement are two landmark international environmental legislations under the United Nations Framework Convention on Climate Change (UNFCCC) that aim to mitigate the adverse effects of climate change by controlling greenhouse gas (GHG) emissions. While both agreements strive for global cooperation to address environmental concerns, they differ in structure, scope, and enforcement mechanisms. The Kyoto Protocol introduced legally binding targets for industrialized nations, whereas the Paris Agreement established a more inclusive and flexible framework encouraging participation from all countries.

The Kyoto Protocol was adopted in 1997 and entered into force in 2005. It was the first international treaty that legally bound developed countries to reduce GHG emissions. The primary mechanism of the Kyoto Protocol was the assignment of emission reduction targets to Annex I countries, which are mainly industrialized nations and economies in transition. These targets were calculated based on a baseline year, typically 1990, and varied from country to country. The commitment period for these targets was 2008 to 2012, later extended through a second commitment period (2013–2020) under the Doha Amendment.

One of the key mechanisms of the Kyoto Protocol was the emissions trading system, often referred to as “carbon trading.” This allowed countries that had surplus emission units — emissions permitted but not used — to sell the excess capacity to other countries that were exceeding their limits. This mechanism introduced the idea of treating emissions as _________ _____ _______ _______ ______ _______ _______ _______ ____ ______.
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