What is the purpose of the Kyoto Protocol?
The Kyoto Protocol is an international agreement made in 1997 to reduce global greenhouse gas emissions. It was adopted at a United Nations Climate Change Conference held in Kyoto, Japan. The main purpose of the Protocol is to reduce the global output of greenhouse gases in order to combat climate change and its negative effects. The Protocol sets out targets for industrialized countries to reduce their emissions of six greenhouse gases. These gases are carbon dioxide, methane, nitrous oxide, sulfurhexafluoride, and two types of hydrofluorocarbons. The Protocol sets various legally binding targets to reduce emissions. Each industrialized country must set their own target and detail how they will meet it. The Protocol also sets out various mechanisms that signatory countries can use to meet their emissions targets. These include emissions trading, joint implementation, and the Clean Development Mechanism. These mechanisms, which are designed to reduce the cost of reducing emissions, allow countries to trade emissions rights or invest in projects in other countries that reduce global emissions. The Protocol is the first step in addressing global climate change and is seen as a crucial step towards protecting the environment and future generations. The Protocol is due to expire in 2012, and a new agreement is currently being developed in order to succeed it.
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