2022-01-08 09:34:22
Kyoto Protocol: Kyoto Protocols was adopted in Kyoto, Japan on 11th December 1997 and came to force on 16th February 2005
Its signatories are committed towards the achievement of emission reduction targets.
COP 7 held in Morocco in 2001 saw the adoption of the detailed rules for the implementation of the protocol. These are referred to as “Marrakesh Accords”.
This protocol holds the developed countries accountable for the current high levels of GHG emissions into the atmosphere due to their role in the industrial revolution.
Kyoto Mechanism, also known as Flexible Mechanism, is defined under the Kyoto Protocol to lower the overall cost of achieving the emission targets. It includes Emission Trading, the Clean Development Mechanism and Joint Implementation.
In December 2012, the Doha Amendment to the Kyoto Protocol was adopted. The changes made include:
New commitments were made by Annex I Parties (developed nations and Economies in Transition) to be implemented between the period of 1st January 2013 and 31st December 2020.
A revised list of GHG that is to be reported by the Parties during the second commitment period
Amendments were made to update several articles of the Kyoto Protocol to be on par with the second commitment period.
The Kyoto Protocol is a significant step towards the reduction of global emission regime that will allow the stabilisation of GHG emissions.
905 views06:34