17 Mar Kyoto Protocol
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 objective of proposing goals to countries, seeking to reduce greenhouse gas emissions and, consequently, reduce the negative impacts of these emissions on the environment.
As first target, industrialized countries should reduce emissions of greenhouse gases (GHG) by 5.2% based on the 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 and obligations to reduce their emissions, with efforts in this case being “voluntary” measures.
Clean development mechanisms
The CDM was created based on the Kyoto Protocol in order to help countries achieve their goals, establishing ﬂexibility mechanisms to allow greater economic efficiency in mitigating the greenhouse effect. In this context, the concept of carbon credit came up.
Some proposed actions
Reform of the Transportation and Energy sectors
Using renewable energy sources
Reduction of greenhouse gas emissions
Supporting sustainable agriculture
Cooperation between countries
International agreement signed by several countries in the city of Kyoto, Japan, in 1997
It was ﬁrmed with the aim of reducing the emission of Co2 and other greenhouse gases.
Guidelines were created to ease the impact of environmental problems caused by consumption models and industrial development on the planet
In this context, the concept of ''carbon credits'' arises, which refers to a monetary allocation for the reduction of Co2 emission into the atmosphere.