What is the Kyoto Protocol? What makes technologies ‘green’?
The Kyoto Protocol: Addressing Climate Change through International Cooperation
The Kyoto Protocol is an international treaty that aims to address the issue of global climate change by setting binding targets for developed countries to reduce their greenhouse gas emissions. It was adopted in 1997 and came into force in 2005. The protocol is an extension of the United Nations Framework Convention on Climate Change (UNFCCC) and represents a significant step towards global cooperation to mitigate the impacts of climate change.
Key Features of the Kyoto Protocol:
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Emission Reduction Targets: The protocol establishes legally binding emission reduction targets for developed countries, collectively known as Annex I countries. These targets are often referred to as "quantified emission limitation and reduction objectives."
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Market-Based Mechanisms: The Kyoto Protocol introduced three market-based mechanisms to help countries achieve their emission reduction targets more cost-effectively:
- Emissions Trading: Countries with excess emission reduction units can sell them to countries exceeding their targets.
- Clean Development Mechanism (CDM): Developed __________ __________ _________ _________ ______ ____ ___.
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