What is it?
The Kyoto Protocol, signed in 1997 in Japan, was one of the main global agreements related to climate change on the planet. The agreement was drawn up with the aim of proposing goals for countries, seeking to reduce greenhouse gas emissions and, consequently, reduce the negative impacts of these emissions on the environment.
Goals
As a goal, initially, industrialized countries should reduce greenhouse gas (GHG) emissions by 5.2% based on emission levels recorded in 1990. For Japan and the European Union, it was established that the reductions would be 7% to 8%, respectively. Developing countries have not received targets or obligations to reduce their emissions, and in this case, efforts are “voluntary” measures.
Clean Development Mechanisms
The CDM was created based on the Kyoto Protocol with the aim of helping countries meet their targets, establishing flexibility mechanisms to allow greater economic efficiency in mitigating the greenhouse effect. In this context, the concept of carbon credits emerged.
Reform of the transportation/energy sector
Use of renewable energy sources;
Reduction of greenhouse gas emissions;
Combating deforestation;
Promoting sustainable agriculture;
Cooperation between countries.
International agreement signed by several countries in Kyoto, Japan, in 1997
It was signed with the aim of reducing the emission of Co2 and other greenhouse gases.
Guidelines were created to mitigate the impact of environmental problems caused by the current consumption and industrial development models on the planet.
In this context, the concept of "carbon credits" arises, which refers to a monetary allocation for the reduction of CO2 emissions into the atmosphere.
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