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The Kyoto Protocol was an
international treaty A treaty is a formal, legally binding written agreement between actors in international law. It is usually made by and between sovereign states, but can include international organizations, individuals, business entities, and other legal pers ...
which extended the 1992
United Nations Framework Convention on Climate Change The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas concentrations in th ...
(UNFCCC) that commits state parties to reduce
greenhouse gas emissions Greenhouse gas emissions from human activities strengthen the greenhouse effect, contributing to climate change. Most is carbon dioxide from burning fossil fuels: coal, oil, and natural gas. The largest emitters include coal in China and ...
, based on the
scientific consensus Scientific consensus is the generally held judgment, position, and opinion of the majority or the supermajority of scientists in a particular field of study at any particular time. Consensus is achieved through scholarly communication at confe ...
that (part one)
global warming In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to E ...
is occurring and (part two) that human-made CO2 emissions are driving it. The Kyoto Protocol was adopted in
Kyoto Kyoto (; Japanese: , ''Kyōto'' ), officially , is the capital city of Kyoto Prefecture in Japan. Located in the Kansai region on the island of Honshu, Kyoto forms a part of the Keihanshin metropolitan area along with Osaka and Kobe. , the ci ...
,
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
, on 11 December 1997 and entered into force on 16 February 2005. There were 192 parties (
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
withdrew from the protocol, effective December 2012) to the Protocol in 2020. The Kyoto Protocol implemented the objective of the UNFCCC to reduce the onset of global warming by reducing greenhouse gas concentrations in the atmosphere to "a level that would prevent dangerous anthropogenic interference with the climate system" (Article 2). The Kyoto Protocol applied to the seven greenhouse gases listed in Annex A: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF6), nitrogen trifluoride (NF3). Nitrogen trifluoride was added for the second compliance period during the Doha Round. The Protocol was based on the principle of common but differentiated responsibilities: it acknowledged that individual countries have different capabilities in combating climate change, owing to
economic development In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and o ...
, and therefore placed the obligation to reduce current emissions on developed countries on the basis that they are historically responsible for the current levels of greenhouse gases in the atmosphere. The Protocol's first commitment period started in 2008 and ended in 2012. All 36 countries that fully participated in the first commitment period complied with the Protocol. However, nine countries had to resort to the flexibility mechanisms by funding emission reductions in other countries because their national emissions were slightly greater than their targets. The
financial crisis of 2007–08 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
helped reduce the emissions. The greatest emission reductions were seen in the former
Eastern Bloc The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed du ...
countries because the
dissolution of the Soviet Union The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Sov ...
reduced their emissions in the early 1990s. Even though the 36 developed countries reduced their emissions, the global emissions increased by 32% from 1990 to 2010. A second commitment period was agreed to in 2012 to extend the agreement to 2020, known as the Doha Amendment to the Kyoto Protocol, in which 37 countries had binding targets:
Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
, the
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
(and its then 28 member states, now 27),
Belarus Belarus,, , ; alternatively and formerly known as Byelorussia (from Russian ). officially the Republic of Belarus,; rus, Республика Беларусь, Respublika Belarus. is a landlocked country in Eastern Europe. It is bordered by R ...
,
Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...
,
Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...
,
Liechtenstein Liechtenstein (), officially the Principality of Liechtenstein (german: link=no, Fürstentum Liechtenstein), is a German-speaking microstate located in the Alps between Austria and Switzerland. Liechtenstein is a semi-constitutional monarchy ...
,
Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...
,
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
, and
Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...
. Belarus, Kazakhstan, and Ukraine stated that they may withdraw from the Kyoto Protocol or not put into legal force the Amendment with second round targets. Japan,
New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
, and
Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
had participated in Kyoto's first-round but did not take on new targets in the second commitment period. Other developed countries without second-round targets were Canada (which withdrew from the Kyoto Protocol in 2012) and the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
(which did not ratify). As of October 2020, 147 states had accepted the Doha Amendment. It entered into force on 31 December 2020, following its acceptance by the mandated minimum of at least 144 states, although the second commitment period ended on the same day. Of the 37 parties with binding commitments, 34 had ratified. Negotiations were held in the framework of the yearly UNFCCC Climate Change Conferences on measures to be taken after the second commitment period ended in 2020. This resulted in the 2015 adoption of the
Paris Agreement The Paris Agreement (french: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change. Adopted in 2015, the agreement covers climate change mitigation, Climate change a ...
, which is a separate instrument under the UNFCCC rather than an amendment of the Kyoto Protocol.


Background

The view that human activities are likely responsible for most of the observed increase in global mean temperature ("global warming") since the mid-20th century is an accurate reflection of current scientific thinking. Human-induced warming of the climate is expected to continue throughout the 21st century and beyond. The
Intergovernmental Panel on Climate Change The Intergovernmental Panel on Climate Change (IPCC) is an intergovernmental body of the United Nations. Its job is to advance scientific knowledge about climate change caused by human activities. The World Meteorological Organization (WMO) a ...
(IPCC, 2007) have produced a range of projections of what the future increase in global mean temperature might be. The IPCC's projections are "baseline" projections, meaning that they assume no future efforts are made to reduce greenhouse gas emissions. The IPCC projections cover the time period from the beginning of the 21st century to the end of the 21st century. The "likely" range (as assessed to have a greater than 66% probability of being correct, based on the IPCC's expert judgment) is a projected increase in global mean temperature over the 21st century of between 1.1 and 6.4 °C. The range in temperature projections partly reflects different projections of future greenhouse gas emissions. Different projections contain different assumptions of future social and economic development (
economic growth Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of ...
, population level, energy policies), which in turn affects projections of future greenhouse gas (GHG) emissions. The range also reflects uncertainty in the response of the climate system to past and future GHG emissions (measured by the
climate sensitivity Climate sensitivity is a measure of how much Earth's surface will cool or warm after a specified factor causes a change in its climate system, such as how much it will warm for a doubling in the atmospheric carbon dioxide () concentration. In te ...
).


Chronology

1992 – The UN Conference on the Environment and Development is held in Rio de Janeiro. It results in the Framework Convention on Climate Chang
("FCCC" or "UNFCCC")
among other agreements. 1995 – Parties to the UNFCCC meet in Berlin (the 1st Conference of Parties (COP) to the UNFCCC) to outline specific targets on emissions. 1997 – In December the parties conclude the Kyoto Protocol in Kyoto, Japan, in which they agree to the broad outlines of emissions targets. 2004 – Russia and Canada ratify the Kyoto Protocol to the UNFCCC bringing the treaty into effect on 16 February 2005. 2011 – Canada became the first signatory to announce its withdrawal from the Kyoto Protocol. 2012 – On 31 December 2012, the first commitment period under the Protocol expired.


Article 2 of the UNFCCC

Most countries are Parties to the United Nations Framework Convention on Climate Change (UNFCCC). Article 2 of the Convention states its ultimate objective, which is to stabilize the concentration of greenhouse gases in the atmosphere "at a level that would prevent dangerous anthropogenic (human) interference with the climate system." The
natural Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are ...
,
technical Technical may refer to: * Technical (vehicle), an improvised fighting vehicle * Technical analysis, a discipline for forecasting the future direction of prices through the study of past market data * Technical drawing, showing how something is co ...
and
social sciences Social science is one of the branches of science, devoted to the study of societies and the relationships among individuals within those societies. The term was formerly used to refer to the field of sociology, the original "science of soci ...
can provide information on decisions relating to this objective including the possible magnitude and rate of future climate changes. However, the IPCC has also concluded that the decision of what constitutes "dangerous" interference requires value judgements, which will vary between different regions of the world. Factors that might affect this decision include the local consequences of climate change impacts, the ability of a particular region to adapt to climate change (adaptive capacity), and the ability of a region to reduce its GHG emissions (mitigative capacity).


Objectives

The main goal of the Kyoto Protocol was to control emissions of the main anthropogenic (human-emitted) greenhouse gases (GHGs) in ways that reflect underlying national differences in GHG emissions, wealth, and capacity to make the reductions. The treaty follows the main principles agreed in the original 1992 UN Framework Convention. According to the treaty, in 2012, Annex I Parties who have ratified the treaty must have fulfilled their obligations of greenhouse gas emissions limitations established for the Kyoto Protocol's first commitment period (2008–2012). These emissions limitation commitments are listed in Annex B of the Protocol. The Kyoto Protocol's first round commitments are the first detailed step taken within the UN Framework Convention on Climate Change. The Protocol establishes a structure of rolling emission reduction commitment periods. It set a timetable starting in 2006 for negotiations to establish emission reduction commitments for a second commitment period. The first period emission reduction commitments expired on 31 December 2012. The ultimate objective of the UNFCCC is the "stabilization of greenhouse gas concentrations in the atmosphere at a level that would stop dangerous anthropogenic interference with the climate system." Even if Annex I Parties succeed in meeting their first-round commitments, much greater emission reductions will be required in future to stabilize atmospheric GHG concentrations. For each of the different anthropogenic GHGs, different levels of emissions reductions would be required to meet the objective of stabilizing atmospheric concentrations (see United Nations Framework Convention on Climate Change#Stabilization of greenhouse gas concentrations).
Carbon dioxide Carbon dioxide (chemical formula ) is a chemical compound made up of molecules that each have one carbon atom covalently double bonded to two oxygen atoms. It is found in the gas state at room temperature. In the air, carbon dioxide is transpar ...
() is the most important anthropogenic GHG. Stabilizing the concentration of in the atmosphere would ultimately require the effective elimination of anthropogenic emissions. Some of the principal concepts of the Kyoto Protocol are: * Binding commitments for the Annex I Parties. The main feature of the Protocol is that it established legally binding commitments to reduce emissions of greenhouse gases for Annex I Parties. The commitments were based on the Berlin Mandate, which was a part of UNFCCC negotiations leading up to the Protocol. * Implementation. In order to meet the objectives of the Protocol, Annex I Parties are required to prepare policies and measures for the reduction of greenhouse gases in their respective countries. In addition, they are required to increase the absorption of these gases and utilize all mechanisms available, such as joint implementation, the clean development mechanism and emissions trading, in order to be rewarded with credits that would allow more greenhouse gas emissions at home. * Minimizing Impacts on Developing Countries by establishing an
adaptation In biology, adaptation has three related meanings. Firstly, it is the dynamic evolutionary process of natural selection that fits organisms to their environment, enhancing their evolutionary fitness. Secondly, it is a state reached by the po ...
fund for climate change. * Accounting, Reporting and Review in order to ensure the integrity of the Protocol. * Compliance. Establishing a Compliance Committee to enforce compliance with the commitments under the Protocol.


First commitment period: 2008–2012

Under the Kyoto Protocol, 37 industrialized countries and the
European Community The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisb ...
(the
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
-15, made up of 15 states at the time of the Kyoto negotiations) commit themselves to binding targets for GHG emissions. The targets apply to the four greenhouse gases
carbon dioxide Carbon dioxide (chemical formula ) is a chemical compound made up of molecules that each have one carbon atom covalently double bonded to two oxygen atoms. It is found in the gas state at room temperature. In the air, carbon dioxide is transpar ...
(),
methane Methane ( , ) is a chemical compound with the chemical formula (one carbon atom bonded to four hydrogen atoms). It is a group-14 hydride, the simplest alkane, and the main constituent of natural gas. The relative abundance of methane on Eart ...
(),
nitrous oxide Nitrous oxide (dinitrogen oxide or dinitrogen monoxide), commonly known as laughing gas, nitrous, or nos, is a chemical compound, an oxide of nitrogen with the formula . At room temperature, it is a colourless non-flammable gas, and has ...
(),
sulphur hexafluoride Sulfur hexafluoride or sulphur hexafluoride (British spelling) is an inorganic compound with the formula SF6. It is a colorless, odorless, non-flammable, and non-toxic gas. has an octahedral geometry, consisting of six fluorine atoms attached t ...
(), and two groups of gases,
hydrofluorocarbon Hydrofluorocarbons (HFCs) are man-made organic compounds that contain fluorine and hydrogen atoms, and are the most common type of organofluorine compounds. Most are gases at room temperature and pressure. They are frequently used in air condi ...
s (HFCs) and
perfluorocarbon Fluorocarbons are chemical compounds with carbon-fluorine bonds. Compounds that contain many C-F bonds often has distinctive properties, e.g., enhanced stability, volatility, and hydrophobicity. Fluorocarbons and their derivatives are commerci ...
s (PFCs). The six GHG are translated into CO2 equivalents in determining reductions in emissions. These reduction targets are in addition to the industrial gases, chlorofluorocarbons, or CFCs, which are dealt with under the 1987
Montreal Protocol on Substances that Deplete the Ozone Layer The Montreal Protocol is an international treaty designed to protect the ozone layer by phasing out the production of numerous substances that are responsible for ozone depletion. It was agreed on 16 September 1987, and entered into force o ...
. Under the Protocol, only the Annex I Parties have committed themselves to national or joint reduction targets (formally called "quantified emission limitation and reduction objectives" (QELRO) – Article 4.1). Parties to the Kyoto Protocol not listed in Annex I of the convention (the non-Annex I Parties) are mostly low-income developing countries, and may participate in the Kyoto Protocol through the Clean Development Mechanism (explained below). The emissions limitations of Annex I Parties varies between different Parties. Some Parties have emissions limitations reduce below the base year level, some have limitations at the base year level (no permitted increase above the base year level), while others have limitations above the base year level. Emission limits do not include emissions by international aviation and shipping. Although Belarus and Turkey are listed in the convention's Annex I, they do not have emissions targets as they were not Annex I Parties when the Protocol was adopted. Kazakhstan does not have a target, but has declared that it wishes to become an Annex I Party to the convention. For most state parties, 1990 is the base year for the national GHG inventory and the calculation of the assigned amount. However, five state parties have an alternative base year: * Bulgaria: 1988; * Hungary: the average of the years 1985–1987; * Poland: 1988; * Romania: 1989; * Slovenia: 1986. Annex I Parties can use a range of sophisticated "flexibility" mechanisms (see below) to meet their targets. Annex I Parties can achieve their targets by allocating reduced annual allowances to major operators within their borders, or by allowing these operators to exceed their allocations by offsetting any excess through a mechanism that is agreed by all the parties to the UNFCCC, such as by buying emission allowances from other operators which have excess emissions credits.


Flexibility mechanisms

The Protocol defines three "
flexibility mechanisms Flexible mechanisms, also sometimes known as Flexibility Mechanisms or Kyoto Mechanisms, refers to emissions trading, the Clean Development Mechanism and Joint Implementation. These are mechanisms defined under the Kyoto Protocol intended to lower ...
" that can be used by Annex I Parties in meeting their emission limitation commitments. The flexibility mechanisms are International Emissions Trading (IET), the
Clean Development Mechanism The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet internat ...
(CDM), and
Joint Implementation Joint Implementation (JI) is one of three flexibility mechanisms set out in the Kyoto Protocol to help countries with binding greenhouse gas emissions targets (the Annex I countries) meet their treaty obligations. Under Article 6, any Annex I cou ...
(JI). IET allows Annex I Parties to "trade" their emissions (
Assigned Amount Units An assigned amount unit is a tradable "Kyoto unit" or "carbon credit" representing an allowance to emit greenhouse gases comprising "one metric tonne of carbon dioxide equivalent, calculated using global warming potentials". Assigned amount units a ...
, AAUs, or "allowances" for short). The economic basis for providing this flexibility is that the
marginal Marginal may refer to: * ''Marginal'' (album), the third album of the Belgian rock band Dead Man Ray, released in 2001 * ''Marginal'' (manga) * '' El Marginal'', Argentine TV series * Marginal seat or marginal constituency or marginal, in polit ...
cost of reducing (or abating) emissions differs among countries. , in "Marginal cost" is the cost of abating the last tonne of -eq for an Annex I/non-Annex I Party. At the time of the original Kyoto targets, studies suggested that the flexibility mechanisms could reduce the overall ( aggregate) cost of meeting the targets. , in Studies also showed that national losses in Annex I
gross domestic product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ...
(GDP) could be reduced by the use of the flexibility mechanisms. The CDM and JI are called "project-based mechanisms", in that they generate emission reductions from projects. The difference between IET and the project-based mechanisms is that IET is based on the setting of a quantitative restriction of emissions, while the CDM and JI are based on the idea of "production" of emission reductions. The CDM is designed to encourage production of emission reductions in non-Annex I Parties, while JI encourages production of emission reductions in Annex I Parties. The production of emission reductions generated by the CDM and JI can be used by Annex I Parties in meeting their emission limitation commitments. The emission reductions produced by the CDM and JI are both measured against a hypothetical baseline of emissions that would have occurred in the absence of a particular emission reduction project. The emission reductions produced by the CDM are called
Certified Emission Reduction Certified Emission Reductions (CERs) are a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated Operational E ...
s (CERs); reductions produced by JI are called
Emission Reduction Unit The emission reduction unit (ERU) is an emissions unit issued under a Joint Implementation project in terms of the Kyoto Protocol. An ERU represents a reduction of greenhouse gases under the Joint Implementation mechanism, where it represents one t ...
s (ERUs). The reductions are called " credits" because they are emission reductions credited against a hypothetical baseline of emissions. Only emission reduction projects that do not involve using nuclear energy are eligible for accreditation under the CDM, in order to prevent nuclear technology exports from becoming the default route for obtaining credits under the CDM. Each Annex I country is required to submit an annual report of inventories of all anthropogenic greenhouse gas emissions from sources and removals from sinks under UNFCCC and the Kyoto Protocol. These countries nominate a person (called a "designated national authority") to create and manage its
greenhouse gas inventory Greenhouse gas inventories are emission inventories of greenhouse gas emissions that are developed for a variety of reasons. Scientists use inventories of natural and anthropogenic (human-caused) emissions as tools when developing atmospheric m ...
. Virtually all of the non-Annex I countries have also established a designated national authority to manage their Kyoto obligations, specifically the "CDM process". This determines which GHG projects they wish to propose for accreditation by the CDM Executive Board.


International emissions trading

A number of emissions trading schemes (ETS) have been, or are planned to be, implemented.


Asia

* ''Japan:'' emissions trading in Tokyo started in 2010. This scheme is run by the
Tokyo Metropolitan Government The is the government of the Tokyo Metropolis. One of the 56 prefectures of Japan, the government consists of a popularly elected governor and assembly. The headquarters building is located in the ward of Shinjuku. The metropolitan governme ...
.


Europe

* ''
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
:'' the
European Union Emission Trading Scheme The European Union Emissions Trading System (EU ETS) is a "cap and trade" scheme where a limit is placed on the right to emit specified pollutants over an area and companies can trade emission rights within that area. It covers around 45% of th ...
(EU ETS), which started in 2005. This is run by the
European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...
. * ''
Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...
'': domestic emissions trading in Norway started in 2005. This was run by the Norwegian Government, which is now a participant in the EU ETS. * ''
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
'': the Swiss ETS, which runs from 2008 to 2012, to coincide with the Kyoto Protocol's first commitment period. * ''United Kingdom:'' ** the
UK Emissions Trading Scheme The UK Emissions Trading Scheme (UK ETS) is the carbon emission trading scheme of the United Kingdom. It is cap and trade and came into operation on 1 January 2021 following the UK's departure from the European Union. The cap is reduced in line wit ...
, which ran from 2002 to 2006. This was a scheme run by the UK Government, which is now a participant in the EU ETS. ** the UK
CRC Energy Efficiency Scheme The CRC Energy Efficiency Scheme (the CRC, formerly the Carbon Reduction Commitment) was a mandatory carbon emissions reduction scheme in the United Kingdom which applied to large energy-intensive organisations in the public and private sectors. ...
, which started in 2010, and is run by the UK Government.


North America

* ''Canada:'' emissions trading in
Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...
, Canada, which started in 2007. This is run by the
Government of Alberta The government of Alberta (french: gouvernement de l'Alberta) is the body responsible for the administration of the Canadian province of Alberta. As a constitutional monarchy, the Crown—represented in the province by the lieutenant governor—i ...
. * ''United States:'' ** the
Regional Greenhouse Gas Initiative The Regional Greenhouse Gas Initiative (RGGI, pronounced "Reggie") is the first mandatory market-based program to reduce greenhouse gas emissions by the United States. RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, ...
(RGGI), which started in 2009. This scheme caps emissions from power generation in eleven north-eastern US states (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, and Virginia). ** emissions trading in California, which started in 2013. * the
Western Climate Initiative Western Climate Initiative, Inc. (WCI) is a 501(c)(3) non-profit corporation which administers the shared emissions trading market between the American state of California and the Canadian province of Quebec as well as separately administering th ...
(WCI), which began in 2012. This is a collective ETS agreed between 11 US states and
Canadian province Within the geographical areas of Canada, the ten provinces and three territories are sub-national administrative divisions under the jurisdiction of the Canadian Constitution. In the 1867 Canadian Confederation, three provinces of British North ...
s.


Oceania

* ''Australia:'' the New South Wales Greenhouse Gas Reduction Scheme (NSW), which was started in 2003. This scheme was run by the Australian State of
New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...
, and joined the Alfa Climate Stabilization (ACS) but has since been closed in 2012 to avoid duplication with the Commonwealth's carbon price. * ''New Zealand'': the
New Zealand Emissions Trading Scheme The New Zealand Emissions Trading Scheme (NZ ETS) is an all-gases partial-coverage uncapped domestic emissions trading scheme that features price floors, forestry offsetting, free allocation and auctioning of emissions units. The NZ ETS was fi ...
, which started in 2008.


Intergovernmental emissions trading

The design of the
European Union Emissions Trading Scheme The European Union Emissions Trading System (EU ETS) is a "cap and trade" scheme where a limit is placed on the right to emit specified pollutants over an area and companies can trade emission rights within that area. It covers around 45% of th ...
(EU ETS) implicitly allows for trade of national Kyoto obligations to occur between participating countries. The Carbon Trust found that other than the trading that occurs as part of the EU ETS, no intergovernmental emissions trading had taken place. One of the environmental problems with IET is the large surplus of allowances that are available. Russia, Ukraine, and the new EU-12 member states (the Kyoto Parties Annex I Economies-in-Transition, abbreviated "EIT": Belarus, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Russia, Slovakia, Slovenia, and Ukraine) have a surplus of allowances, while many
OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ...
countries have a deficit. Some of the EITs with a surplus regard it as potential compensation for the trauma of their economic restructuring. When the Kyoto treaty was negotiated, it was recognized that emissions targets for the EITs might lead to them having an excess number of allowances. This excess of allowances were viewed by the EITs as "headroom" to grow their economies. The surplus has, however, also been referred to by some as "hot air", a term which Russia (a country with an estimated surplus of 3.1 billion tonnes of carbon dioxide equivalent allowances) views as "quite offensive". OECD countries with a deficit could meet their Kyoto commitments by buying allowances from transition countries with a surplus. Unless other commitments were made to reduce the total surplus in allowances, such trade would not actually result in emissions being reduced (see also the section below on the Green Investment Scheme).


"Green Investment Schemes"

The "Green Investment Scheme" (GIS) is a plan for achieving environmental benefits from trading surplus allowances (AAUs) under the Kyoto Protocol. The Green Investment Scheme (GIS), a mechanism in the framework of International Emissions Trading (IET), is designed to achieve greater flexibility in reaching the targets of the Kyoto Protocol while preserving environmental integrity of IET. However, using the GIS is not required under the Kyoto Protocol, and there is no official definition of the term. Under the GIS a party to the protocol expecting that the development of its economy will not exhaust its Kyoto quota, can sell the excess of its Kyoto quota units (AAUs) to another party. The proceeds from the AAU sales should be "greened", i.e. channelled to the development and implementation of the projects either acquiring the greenhouse gases emission reductions (hard greening) or building up the necessary framework for this process (soft greening).


Trade in AAUs

Latvia was one of the front-runners of GISs. World Bank (2011) reported that Latvia has stopped offering AAU sales because of low AAU prices. In 2010, Estonia was the preferred source for AAU buyers, followed by the Czech Republic and Poland. Japan's national policy to meet their Kyoto target includes the purchase of AAUs sold under GISs. In 2010, Japan and Japanese firms were the main buyers of AAUs. In terms of the international carbon market, trade in AAUs are a small proportion of overall market value. In 2010, 97% of trade in the international carbon market was driven by the
European Union Emission Trading Scheme The European Union Emissions Trading System (EU ETS) is a "cap and trade" scheme where a limit is placed on the right to emit specified pollutants over an area and companies can trade emission rights within that area. It covers around 45% of th ...
(EU ETS). However, firms regulated under the EU ETS are unable to use AAUs in meeting their emissions caps.


Clean Development Mechanism

Between 2001, which was the first year
Clean Development Mechanism The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet internat ...
(CDM) projects could be registered, and 2012, the end of the first Kyoto commitment period, the CDM is expected to produce some 1.5 billion tons of carbon dioxide equivalent (CO2e) in emission reductions. Most of these reductions are through
renewable energy commercialisation Renewable energy commercialization involves the deployment of three generations of renewable energy technologies dating back more than 100 years. First-generation technologies, which are already mature and economically competitive, include b ...
,
energy efficiency Energy efficiency may refer to: * Energy efficiency (physics), the ratio between the useful output and input of an energy conversion process ** Electrical efficiency, useful power output per electrical power consumed ** Mechanical efficiency, a ra ...
, and fuel switching (World Bank, 2010, p. 262). By 2012, the largest potential for production of CERs are estimated in
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
(52% of total CERs) and India (16%). CERs produced in Latin America and the Caribbean make up 15% of the potential total, with Brazil as the largest producer in the region (7%).


Joint Implementation

The formal crediting period for
Joint Implementation Joint Implementation (JI) is one of three flexibility mechanisms set out in the Kyoto Protocol to help countries with binding greenhouse gas emissions targets (the Annex I countries) meet their treaty obligations. Under Article 6, any Annex I cou ...
(JI) was aligned with the first commitment period of the Kyoto Protocol, and did not start until January 2008 (Carbon Trust, 2009, p. 20). In November 2008, only 22 JI projects had been officially approved and registered. The total projected emission savings from JI by 2012 are about one tenth that of the CDM. Russia accounts for about two-thirds of these savings, with the remainder divided up roughly equally between Ukraine and the EU's New Member States. Emission savings include cuts in methane, HFC, and N2O emissions.


Stabilization of GHG concentrations

As noted earlier on, the first-round Kyoto emissions limitation commitments are not sufficient to stabilize the atmospheric concentration of GHGs. Stabilization of atmospheric GHG concentrations will require further emissions reductions after the end of the first-round Kyoto commitment period in 2012. , p.122, in


Background

Analysts have developed scenarios of future changes in GHG emissions that lead to a stabilization in the atmospheric concentrations of GHGs. Climate models suggest that lower stabilization levels are associated with lower magnitudes of future global warming, while higher stabilization levels are associated with higher magnitudes of future global warming (see figure opposite). To achieve stabilization, global GHG emissions must peak, then decline. , in The lower the desired stabilization level, the sooner this peak and decline must occur (see figure opposite). For a given stabilization level, larger emissions reductions in the near term allow for less stringent emissions reductions later. , in On the other hand, less stringent near term emissions reductions would, for a given stabilization level, require more stringent emissions reductions later on. The first period Kyoto emissions limitations can be viewed as a first-step towards achieving atmospheric stabilization of GHGs. In this sense, the first period Kyoto commitments may affect what future atmospheric stabilization level can be achieved.


Relation to temperature targets

At the 16th Conference of the Parties held in 2010, Parties to the UNFCCC agreed that future global warming should be limited below 2°C relative to the pre-industrial temperature level. One of the stabilization levels discussed in relation to this temperature target is to hold atmospheric concentrations of GHGs at 450
parts per million In science and engineering, the parts-per notation is a set of pseudo-units to describe small values of miscellaneous dimensionless quantities, e.g. mole fraction or mass fraction. Since these fractions are quantity-per-quantity measures, they ...
(ppm) - eq. Stabilization at 450 ppm could be associated with a 26 to 78% risk of exceeding the 2 °C target. Scenarios assessed by Gupta ''et al.'' (2007) , in suggest that Annex I emissions would need to be 25% to 40% below 1990 levels by 2020, and 80% to 95% below 1990 levels by 2050. The only Annex I Parties to have made voluntary pledges in line with this are Japan (25% below 1990 levels by 2020) and Norway (30–40% below 1990 levels by 2020). Gupta ''et al.'' (2007) also looked at what 450 ppm scenarios projected for non-Annex I Parties. Projections indicated that by 2020, non-Annex I emissions in several regions (
Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...
, the
Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...
,
East Asia East Asia is the eastern region of Asia, which is defined in both geographical and ethno-cultural terms. The modern states of East Asia include China, Japan, Mongolia, North Korea, South Korea, and Taiwan. China, North Korea, South Korea and ...
, and centrally planned
Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...
) would need to be substantially reduced below "business-as-usual". "Business-as-usual" are projected non-Annex I emissions in the absence of any new policies to control emissions. Projections indicated that by 2050, emissions in all non-Annex I regions would need to be substantially reduced below "business-as-usual".


Details of the agreement

The agreement is a protocol to the
United Nations Framework Convention on Climate Change The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas concentrations in th ...
(UNFCCC) adopted at the
Earth Summit The United Nations Conference on Environment and Development (UNCED), also known as the Rio Conference or the Earth Summit (Portuguese: ECO92), was a major United Nations conference held in Rio de Janeiro from June 3 to June 14, 1992. Earth Su ...
in
Rio de Janeiro Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the state of the same name, Brazil's third-most populous state, and the second-most populous city in Brazil, after São Paulo. Listed by the GaWC as a b ...
in 1992, which did not set any legally binding limitations on emissions or enforcement mechanisms. Only Parties to the UNFCCC can become Parties to the Kyoto Protocol. The Kyoto Protocol was adopted at the third session of the Conference of Parties to the UNFCCC in 1997 in Kyoto, Japan. National emission targets specified in the Kyoto Protocol exclude international aviation and shipping. Kyoto Parties can use
land use Land use involves the management and modification of natural environment or wilderness into built environment such as settlements and semi-natural habitats such as arable fields, pastures, and managed woods. Land use by humans has a long h ...
, land use change, and
forestry Forestry is the science and craft of creating, managing, planting, using, conserving and repairing forests, woodlands, and associated resources for human and environmental benefits. Forestry is practiced in plantations and natural stands. Th ...
(LULUCF) in meeting their targets. LULUCF activities are also called "sink" activities. Changes in sinks and land use can have an effect on the climate, and indeed the Intergovernmental Panel on Climate Change's Special Report on
Land use, land-use change, and forestry Land use, land-use change, and forestry (LULUCF), also referred to as Forestry and other land use (FOLU), is defined by the United Nations Climate Change Secretariat as a "greenhouse gas inventory sector that covers emissions and removals of gree ...
estimates that since 1750 a third of global warming has been caused by land use change. Particular criteria apply to the definition of forestry under the Kyoto Protocol.
Forest management Forest management is a branch of forestry concerned with overall administrative, legal, economic, and social aspects, as well as scientific and technical aspects, such as silviculture, protection, and forest regulation. This includes management for ...
,
cropland Agricultural land is typically land ''devoted to'' agriculture, the systematic and controlled use of other forms of lifeparticularly the rearing of livestock and production of cropsto produce food for humans. It is generally synonymous with bot ...
management,
grazing In agriculture, grazing is a method of animal husbandry whereby domestic livestock are allowed outdoors to roam around and consume wild vegetations in order to convert the otherwise indigestible (by human gut) cellulose within grass and other ...
land management, and
revegetation Revegetation is the process of replanting and rebuilding the soil of disturbed land. This may be a natural process produced by plant colonization and succession, manmade rewilding projects, accelerated process designed to repair damage to a lan ...
are all eligible LULUCF activities under the Protocol. Annex I Parties use of forest management in meeting their targets is capped.


Negotiations

Article 4.2 of the UNFCCC commits industrialized countries to "
ake Ake (or Aké in Spanish orthography) is an archaeological site of the pre-Columbian Maya civilization. It's located in the municipality of Tixkokob, in the Mexican state of Yucatán; 40 km (25 mi) east of Mérida, Yucatán. The name ...
the lead" in reducing emissions. The initial aim was for industrialized countries to stabilize their emissions at 1990 levels by 2000. The failure of key industrialized countries to move in this direction was a principal reason why Kyoto moved to binding commitments. At the first UNFCCC Conference of the Parties in Berlin, the G77 was able to push for a mandate (the "Berlin mandate") where it was recognized that: * developed nations had contributed most to the then-current concentrations of GHGs in the atmosphere (see Greenhouse gas#Cumulative and historical emissions). * developing country emissions per-capita (i.e., average emissions per head of population) were still relatively low. * and that the share of global emissions from developing countries would grow to meet their development needs. During negotiations, the G-77 represented 133 developing countries. China was not a member of the group but an associate. It has since become a member. The Berlin mandate was recognized in the Kyoto Protocol in that developing countries were not subject to emission reduction commitments in the first Kyoto commitment period. However, the large potential for growth in developing country emissions made negotiations on this issue tense. In the final agreement, the Clean Development Mechanism was designed to limit emissions in developing countries, but in such a way that developing countries do not bear the costs for limiting emissions. The general assumption was that developing countries would face quantitative commitments in later commitment periods, and at the same time, developed countries would meet their first round commitments.


Emissions cuts

Views on the Kyoto Protocol#Commentaries on negotiations contains a list of the emissions cuts that were proposed by UNFCCC Parties during negotiations. The G77 and China were in favour of strong uniform emission cuts across the developed world. The US originally proposed for the second round of negotiations on Kyoto commitments to follow the negotiations of the first. In the end, negotiations on the second period were set to open no later than 2005. Countries over-achieving in their first period commitments can "bank" their unused allowances for use in the subsequent period. The EU initially argued for only three GHGs to be included – , , and – with other gases such as HFCs regulated separately. The EU also wanted to have a "bubble" commitment, whereby it could make a collective commitment that allowed some EU members to increase their emissions, while others cut theirs. The most vulnerable nations – the Alliance of Small Island States (AOSIS) – pushed for deep uniform cuts by developed nations, with the goal of having emissions reduced to the greatest possible extent. Countries that had supported differentiation of targets had different ideas as to how it should be calculated, and many different indicators were proposed. Two examples include differentiation of targets based on
gross domestic product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ...
(GDP), and differentiation based on energy intensity (energy use per unit of economic output). The final targets negotiated in the Protocol are the result of last minute political compromises. The targets closely match those decided by Argentinian Raul Estrada, the
diplomat A diplomat (from grc, δίπλωμα; romanized ''diploma'') is a person appointed by a state or an intergovernmental institution such as the United Nations or the European Union to conduct diplomacy with one or more other states or internati ...
who chaired the negotiations. The numbers given to each Party by Chairman Estrada were based on targets already pledged by Parties, information received on latest negotiating positions, and the goal of achieving the strongest possible environmental outcome. The final targets are weaker than those proposed by some Parties, e.g., the Alliance of Small Island States and the G-77 and China, but stronger than the targets proposed by others, e.g., Canada and the United States.


Financial commitments

The Protocol also reaffirms the principle that developed countries have to pay billions of dollars, and supply technology to other countries for climate-related studies and projects. The principle was originally agreed in
UNFCCC The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas concentrations in th ...
. One such project is
The Adaptation Fund The Adaptation Fund is an international fund that finances projects and programs aimed at helping developing countries to adapt to the harmful effects of climate change. It is set up under the Kyoto Protocol of the United Nations Framework Convent ...
, which has been established by the Parties to the Kyoto Protocol of the UN Framework Convention on Climate Change to finance concrete adaptation projects and programmes in developing countries that are Parties to the Kyoto Protocol.


Implementation provisions

The protocol left several issues open to be decided later by the sixth Conference of Parties COP6 of the UNFCCC, which attempted to resolve these issues at its meeting in
the Hague The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of ...
in late 2000, but it was unable to reach an agreement due to disputes between the European Union (who favoured a tougher implementation) and the United States, Canada, Japan and Australia (who wanted the agreement to be less demanding and more flexible). In 2001, a continuation of the previous meeting (COP6-bis) was held in
Bonn The federal city of Bonn ( lat, Bonna) is a city on the banks of the Rhine in the German state of North Rhine-Westphalia, with a population of over 300,000. About south-southeast of Cologne, Bonn is in the southernmost part of the Rhine-Ruhr r ...
, where the required decisions were adopted. After some concessions, the supporters of the protocol (led by the
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
) managed to secure the agreement of Japan and
Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
by allowing more use of
carbon dioxide sinks A carbon sink is anything, natural or otherwise, that accumulates and stores some carbon-containing chemical compound for an indefinite period and thereby removes carbon dioxide () from the atmosphere. Globally, the two most important carbon si ...
. COP7 was held from 29 October 2001 through 9 November 2001 in
Marrakech Marrakesh or Marrakech ( or ; ar, مراكش, murrākuš, ; ber, ⵎⵕⵕⴰⴽⵛ, translit=mṛṛakc}) is the fourth largest city in the Kingdom of Morocco. It is one of the four Imperial cities of Morocco and is the capital of the Marrakes ...
to establish the final details of the protocol. The first Meeting of the Parties to the Kyoto Protocol (MOP1) was held in
Montreal Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian ...
from 28 November to 9 December 2005, along with the 11th conference of the Parties to the UNFCCC (COP11). See
United Nations Climate Change Conference The United Nations Climate Change Conferences are yearly conferences held in the framework of the United Nations Framework Convention on Climate Change (UNFCCC). They serve as the formal meeting of the UNFCCC parties (Conference of the Parties, ...
. During COP13 in Bali, 36 developed
Contact Group The Contact Group is the name for an informal grouping of great powers that have a significant interest in policy developments in the Balkans (an International Contact Group). The Contact Group is composed of United States, United Kingdom, Fran ...
countries (plus the EU as a party in the
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
) agreed to a 10% emissions increase for
Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...
; but, since the EU's member states each have individual obligations, much larger increases (up to 27%) are allowed for some of the less developed EU countries (see below ). Reduction limitations expired in 2013.


Mechanism of compliance

The protocol defines a mechanism of "compliance" as a "monitoring compliance with the commitments and penalties for non-compliance." According to Grubb (2003), the explicit consequences of non-compliance of the treaty are weak compared to domestic law. Yet, the compliance section of the treaty was highly contested in the Marrakesh Accords.


Enforcement

If the enforcement branch determines that an Annex I country is not in compliance with its emissions limitation, then that country is required to make up the difference during the second commitment period plus an additional 30%. In addition, that country will be suspended from making transfers under an emissions trading program.


Ratification process

The Protocol was adopted by COP 3 of UNFCCC on 11 December 1997 in
Kyoto Kyoto (; Japanese: , ''Kyōto'' ), officially , is the capital city of Kyoto Prefecture in Japan. Located in the Kansai region on the island of Honshu, Kyoto forms a part of the Keihanshin metropolitan area along with Osaka and Kobe. , the ci ...
,
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
. It was opened on 16 March 1998 for signature during one year by parties to
UNFCCC The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas concentrations in th ...
, when it was signed Antigua and Barbuda, Argentina, the Maldives, Samoa, St. Lucia and Switzerland. At the end of the signature period, 82 countries and the
European Community The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisb ...
had signed.
Ratification Ratification is a principal's approval of an act of its agent that lacked the authority to bind the principal legally. Ratification defines the international act in which a state indicates its consent to be bound to a treaty if the parties inten ...
(which is required to become a party to the Protocol) started on 17 September with ratification by Fiji. Countries that did not sign acceded to the convention, which has the same legal effect. Article 25 of the Protocol specifies that the Protocol enters into force "on the ninetieth day after the date on which not less than 55 Parties to the Convention, incorporating Parties included in Annex I which accounted in total for at least 55% of the total carbon dioxide emissions for 1990 of the Annex I countries, have deposited their instruments of ratification, acceptance, approval or accession." The EU and its Member States ratified the Protocol in May 2002. Of the two conditions, the "55 parties" clause was reached on 23 May 2002 when
Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...
ratified the Protocol. The ratification by
Russia Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the ...
on 18 November 2004 satisfied the "55%" clause and brought the treaty into force, effective 16 February 2005, after the required lapse of 90 days. As of May 2013, 191 countries and one regional economic organization (the EC) have ratified the agreement, representing over 61.6% of the 1990 emissions from Annex I countries. One of the 191 ratifying states—Canada—has renounced the protocol.


Non-ratification by the US

The US signed the Protocol on 12 November 1998, during the Clinton presidency. To become binding in the US, however, the treaty had to be ratified by the
Senate A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...
, which had already passed the 1997 non-binding Byrd-Hagel Resolution, expressing disapproval of any international agreement that did not require developing countries to make emission reductions and "would seriously harm the economy of the United States". The resolution passed 95–0. Therefore, even though the
Clinton administration Bill Clinton's tenure as the 42nd president of the United States began with his first inauguration on January 20, 1993, and ended on January 20, 2001. Clinton, a Democrat from Arkansas, took office following a decisive election victory over Re ...
signed the treaty, it was never submitted to the Senate for ratification. At the outset of the Bush administration, Senators
Chuck Hagel Charles Timothy Hagel ( born October 4, 1946)Jesse Helms Jesse Alexander Helms Jr. (October 18, 1921 – July 4, 2008) was an American politician. A leader in the conservative movement, he served as a senator from North Carolina from 1973 to 2003. As chairman of the Senate Foreign Relations Committee ...
,
Larry Craig Lawrence Edwin Craig (born July 20, 1945) is an American retired politician from the state of Idaho. A Republican, he served 18 years in the United States Senate (1991–2009), preceded by 10 years in the U.S. House of Representatives, repres ...
, and
Pat Roberts Charles Patrick Roberts (born April 20, 1936) is a retired American politician and journalist who served as a United States senator from Kansas from 1997 to 2021. A member of the Republican Party, Roberts served 8 terms in the U.S. House of Re ...
wrote a letter to
President George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
seeking to identify his position on the Kyoto Protocol and climate change policy. In a letter dated March 13, 2001, President Bush responded that his "Administration takes the issue of global climate change very seriously", but that "I oppose the Kyoto Protocol because it exempts 80 percent of the world, including major population centers such as China and India, from compliance, and would cause serious harm to the U.S. economy. The Senate's vote, 95-0, shows that there is a clear consensus that the Kyoto Protocol is an unfair and ineffective means of addressing global climate change concerns." The administration also questioned the scientific certainty around climate change and cited potential harms of emissions reduction to the US economy. The
Tyndall Centre The Tyndall Centre for Climate Change Research is an organisation based in the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off ...
for Climate Change Research reported in 2001:
This policy reversal received a massive wave of criticism that was quickly picked up by the international media. Environmental groups blasted the White House, while Europeans and Japanese alike expressed deep concern and regret. ... Almost all world leaders (e.g. China, Japan, South Africa, Pacific Islands, etc.) expressed their disappointment at Bush's decision.
In response to this criticism, Bush stated: "I was responding to reality, and reality is the nation has got a real problem when it comes to energy". The Tyndall Centre called this "an overstatement used to cover up the big benefactors of this policy reversal, i.e., the US oil and coal industry, which has a powerful lobby with the administration and conservative
Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...
congressmen." As of 2020, the US is the only signatory that has not ratified the Protocol. The US accounted for 36.1% of emissions in 1990. As such, for the treaty to go into legal effect without US ratification, it would require a coalition including the EU, Russia, Japan, and small parties. A deal, without the US Administration, was reached in the Bonn climate talks (COP-6.5), held in 2001.


Withdrawal of Canada

In 2011, Canada, Japan and Russia stated that they would not take on further Kyoto targets. The Canadian government announced its withdrawal—possible at any time three years after ratification—from the Kyoto Protocol on 12 December 2011, effective 15 December 2012. Canada was committed to cutting its greenhouse emissions to 6% below 1990 levels by 2012, but in 2009 emissions were 17% higher than in 1990. The
Harper Harper may refer to: Names * Harper (name), a surname and given name Places ;in Canada * Harper Islands, Nunavut *Harper, Prince Edward Island ;In the United States *Harper, former name of Costa Mesa, California in Orange County * Harper, Il ...
government prioritized oil sands development in Alberta, and deprioritized the reduction of greenhouse emissions. Environment minister
Peter Kent James Peter Kent (born July 27, 1943) is a former Canadian journalist and former politician who served as the Conservative Member of Parliament for the riding of Thornhill from 2008 to 2021. He served as Minister of the Environment in the 28th ...
cited Canada's liability to "enormous financial penalties" under the treaty unless it withdrew. He also suggested that the recently signed Durban agreement may provide an alternative way forward. The Harper government claimed it would find a "Made in Canada" solution. Canada's decision received a generally negative response from representatives of other ratifying countries.


Other states and territories where the treaty was not applicable

Andorra, Palestine,
South Sudan South Sudan (; din, Paguot Thudän), officially the Republic of South Sudan ( din, Paankɔc Cuëny Thudän), is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, Central African Republic, Democratic Republic of the C ...
, the United States and, following their withdrawal on 15 December 2012, Canada are the only UNFCCC Parties that are not party to the Protocol. Furthermore, the Protocol is not applied to UNFCCC observer the
Holy See The Holy See ( lat, Sancta Sedes, ; it, Santa Sede ), also called the See of Rome, Petrine See or Apostolic See, is the jurisdiction of the Pope in his role as the bishop of Rome. It includes the apostolic episcopal see of the Diocese of Rome ...
. Although the
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approved the protocol for the whole Kingdom, it did not deposit an instrument of ratification for Aruba, Curaçao, Sint Maarten or the
Caribbean Netherlands ) , image_map = BES islands location map.svg , map_caption = Location of the Caribbean Netherlands (green and circled). From left to right: Bonaire, Saba, and Sint Eustatius , elevation_max_m = 887 , elevation_max_footnotes = , demographics ...
.


Government action and emissions


Annex I countries

Total aggregate GHG emissions excluding emissions/removals from land use, land use change and forestry (LULUCF, i.e., carbon storage in forests and soils) for all Annex I Parties (see list below) including the United States taken together decreased from 19.0 to 17.8 thousand teragrams (Tg, which is equal to 109 kg) equivalent, a decline of 6.0% during the 1990–2008 period. Several factors have contributed to this decline. The first is due to the economic restructuring in the Annex I Economies in Transition (the EITs – see Intergovernmental Emissions Trading for the list of EITs). Over the period 1990–1999, emissions fell by 40% in the EITs following the collapse of
central planning A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, pa ...
in the former
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national ...
and
east European Eastern Europe is a subregion of the European continent. As a largely ambiguous term, it has a wide range of geopolitical, geographical, ethnic, cultural, and socio-economic connotations. The vast majority of the region is covered by Russia, whi ...
countries. PBL publication number 500253004. JRC Technical Note number JRC65918. This led to a massive contraction of their heavy industry-based economies, with associated reductions in their fossil fuel consumption and emissions. Emissions growth in Annex I Parties have also been limited due to policies and measures (PaMs). In particular, PaMs were strengthened after 2000, helping to enhance energy efficiency and develop renewable energy sources. Energy use also decreased during the economic crisis in 2007–2008.


Annex I parties with targets

Collectively the group of industrialized countries committed to a Kyoto target, i.e., the Annex I countries excluding the US, had a target of reducing their GHG emissions by 4.2% on average for the period 2008–2012 relative to the base year, which in most cases is 1990. As noted in the preceding section, between 1990 and 1999, there was a large reduction in the emissions of the EITs. The reduction in the EITs is largely responsible for the total (aggregate) reduction (excluding LULUCF) in emissions of the Annex I countries, excluding the US. Emissions of the Annex II countries (Annex I minus the EIT countries) have experienced a limited increase in emissions from 1990 to 2006, followed by stabilization and a more marked decrease from 2007 onwards. The emissions reductions in the early nineties by the 12 EIT countries who have since joined the EU, assist the present EU-27 in meeting its collective Kyoto target. In December 2011, Canada's environment minister,
Peter Kent James Peter Kent (born July 27, 1943) is a former Canadian journalist and former politician who served as the Conservative Member of Parliament for the riding of Thornhill from 2008 to 2021. He served as Minister of the Environment in the 28th ...
, formally announced that
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
would withdraw from the Kyoto accord a day after the end of the 2011 United Nations Climate Change Conference (see the section on the withdrawal of Canada).


Annex I parties without Kyoto targets

Belarus, Malta, and Turkey are Annex I Parties but did not have first-round Kyoto targets. The US had a Kyoto target of a 7% reduction relative to the 1990 level, but has not ratified the treaty. If the US had ratified the Kyoto Protocol, the average percentage reduction in total GHG emissions for the Annex I group would have been a 5.2% reduction relative to the base year.


Compliance

38 developed countries committed to limiting their greenhouse gas emissions. Because the United States did not ratify and Canada withdrew, the emission limits remained in force for 36 countries. All of them complied with the Protocol. However, nine countries (Austria, Denmark, Iceland, Japan, Lichtenstein, Luxembourg, Norway, Spain and Switzerland) had to resort to the flexibility mechanisms because their national emissions were slightly greater than their targets. In total, the 36 countries that fully participated in the Protocol were committed to reducing their aggregate emissions by 4% from the 1990 base year. Their average annual emissions in 2008–2012 were 24.2% below the 1990 level. Hence, they surpassed their aggregate commitment by a large margin. If the United States and Canada are included, the emissions decreased by 11.8%. The large reductions were mainly thanks to the
dissolution of the Soviet Union The dissolution of the Soviet Union, also negatively connoted as rus, Разва́л Сове́тского Сою́за, r=Razvál Sovétskogo Soyúza, ''Ruining of the Soviet Union''. was the process of internal disintegration within the Sov ...
, which reduced the emissions of the
Eastern Bloc The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed du ...
by tens of percents in the early 1990s. In addition, the
financial crisis of 2007–08 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
significantly reduced emissions during the first Kyoto commitment period. The 36 countries that were committed to emission reductions only accounted for 24% of the global greenhouse gas emissions in 2010. Even though these countries significantly reduced their emissions during the Kyoto commitment period, other countries increased their emissions so much that the global emissions increased by 32% from 1990 to 2010.


Non-Annex I

UNFCCC (2005) compiled and synthesized information reported to it by non-Annex I Parties. Most non-Annex I Parties belonged in the low-income group, with very few classified as middle-income. Most Parties included information on policies relating to
sustainable development Sustainable development is an organizing principle for meeting human development goals while also sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The des ...
. Sustainable development priorities mentioned by non-Annex I Parties included poverty alleviation and access to basic education and health care. Many non-Annex I Parties are making efforts to amend and update their
environmental legislation Environmental law is a collective term encompassing aspects of the law that provide protection to the environment. A related but distinct set of regulatory regimes, now strongly influenced by environmental legal principles, focus on the manage ...
to include global concerns such as climate change. A few Parties, e.g., South Africa and
Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
, stated their concern over how efforts to reduce emissions by Annex I Parties could adversely affect their economies. The economies of these countries are highly dependent on income generated from the production, processing, and export of
fossil fuel A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels m ...
s. Emissions GHG emissions, excluding land use change and forestry (LUCF), reported by 122 non-Annex I Parties for the year 1994 or the closest year reported, totalled 11.7 billion tonnes (billion = 1,000,000,000) of CO2-eq. CO2 was the largest proportion of emissions (63%), followed by
methane Methane ( , ) is a chemical compound with the chemical formula (one carbon atom bonded to four hydrogen atoms). It is a group-14 hydride, the simplest alkane, and the main constituent of natural gas. The relative abundance of methane on Eart ...
(26%) and
nitrous oxide Nitrous oxide (dinitrogen oxide or dinitrogen monoxide), commonly known as laughing gas, nitrous, or nos, is a chemical compound, an oxide of nitrogen with the formula . At room temperature, it is a colourless non-flammable gas, and has ...
(N2O) (11%). The
energy sector The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy indust ...
was the largest source of emissions for 70 Parties, whereas for 45 Parties the agriculture sector was the largest. Per capita emissions (in tonnes of CO2-eq, excluding LUCF) averaged 2.8 tonnes for the 122 non-Annex I Parties. * The Africa region's aggregate emissions were 1.6 billion tonnes, with per capita emissions of 2.4 tonnes. * The Asia and Pacific region's aggregate emissions were 7.9 billion tonnes, with per capita emissions of 2.6 tonnes. * The Latin America and
Caribbean The Caribbean (, ) ( es, El Caribe; french: la Caraïbe; ht, Karayib; nl, De Caraïben) is a region of the Americas that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Se ...
region's aggregate emissions were 2 billion tonnes, with per capita emissions of 4.6 tonnes. * The "other" region includes
Albania Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares ...
, Armenia,
Azerbaijan Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of th ...
, Georgia, Malta,
Moldova Moldova ( , ; ), officially the Republic of Moldova ( ro, Republica Moldova), is a Landlocked country, landlocked country in Eastern Europe. It is bordered by Romania to the west and Ukraine to the north, east, and south. The List of states ...
, and
North Macedonia North Macedonia, ; sq, Maqedonia e Veriut, (Macedonia before February 2019), officially the Republic of North Macedonia,, is a country in Southeast Europe. It gained independence in 1991 as one of the successor states of Socialist Feder ...
. Their aggregate emissions were 0.1 billion tonnes, with per capita emissions of 5.1 tonnes. Parties reported a high level of uncertainty in LUCF emissions, but in aggregate, there appeared to only be a small difference of 1.7% with and without LUCF. With LUCF, emissions were 11.9 billion tonnes, without LUCF, total aggregate emissions were 11.7 billion tonnes. Trends In several large developing countries and fast growing economies (China, India, Thailand, Indonesia, Egypt, and Iran) GHG emissions have increased rapidly (PBL, 2009). For example, emissions in China have risen strongly over the 1990–2005 period, often by more than 10% year. Emissions per-capita in non-Annex I countries are still, for the most part, much lower than in industrialized countries. Non-Annex I countries do not have quantitative emission reduction commitments, but they are committed to mitigation actions. China, for example, has had a national policy programme to reduce emissions growth, which included the closure of old, less efficient coal-fired power plants.


Cost estimates

Barker ''et al.'' (2007, p. 79) assessed the literature on cost estimates for the Kyoto Protocol. Due to US non-participation in the Kyoto treaty, costs estimates were found to be much lower than those estimated in the previous
IPCC Third Assessment Report The IPCC Third Assessment Report (TAR), ''Climate Change 2001'', is an assessment of available scientific and socio-economic information on climate change by the IPCC. Statements of the IPCC or information from the TAR are often used as a referenc ...
. Without the US participation, and with full use of the Kyoto flexible mechanisms, costs were estimated at less than 0.05% of Annex B GDP. This compared to earlier estimates of 0.1–1.1%. Without use of the flexible mechanisms, costs without the US participation were estimated at less than 0.1%. This compared to earlier estimates of 0.2–2%. These cost estimates were viewed as being based on much evidence and high agreement in the literature.


Views on the Protocol

Gupta ''et al.'' (2007) assessed the literature on climate change policy. They found that no authoritative assessments of the UNFCCC or its Protocol asserted that these agreements had, or will, succeed in solving the climate problem. In these assessments, it was assumed that the UNFCCC or its Protocol would not be changed. The Framework Convention and its Protocol include provisions for future policy actions to be taken. Gupta ''et al.'' (2007) , in described the Kyoto first-round commitments as "modest", stating that they acted as a constraint on the treaty's effectiveness. It was suggested that subsequent Kyoto commitments could be made more effective with measures aimed at achieving deeper cuts in emissions, as well as having policies applied to a larger share of global emissions. In 2008, countries with a Kyoto cap made up less than one-third of annual global carbon dioxide emissions from fuel
combustion Combustion, or burning, is a high-temperature exothermic redox chemical reaction between a fuel (the reductant) and an oxidant, usually atmospheric oxygen, that produces oxidized, often gaseous products, in a mixture termed as smoke. Combusti ...
. World Bank (2010) , in commented on how the Kyoto Protocol had only had a slight effect on curbing global emissions growth. The treaty was negotiated in 1997, but in 2006, energy-related carbon dioxide emissions had grown by 24%. World Bank (2010) also stated that the treaty had provided only limited financial support to developing countries to assist them in reducing their emissions and adapting to climate change. Some of the criticism of the Protocol has been based on the idea of climate justice (Liverman, 2008, p. 14). This has particularly centered on the balance between the low emissions and high vulnerability of the developing world to climate change, compared to high emissions in the developed world. Another criticism of the Kyoto Protocol and other international conventions, is the right of indigenous peoples right to participate. Quoted here from The Declaration of the First International Forum of Indigenous Peoples on Climate Change, it says "Despite the recognition of our role in preventing global warming, when it comes time to sign international conventions like the United Nations Framework Convention on Climate Change, once again, our right to participate in national and international discussions that directly affect our Peoples and territories is denied." Additionally, later in the declaration, it reads:
We denounce the fact that neither the nited Nationsnor the Kyoto Protocol recognizes the existence or the contributions of Indigenous Peoples. Furthermore, the debates under these instruments have not considered the suggestions and proposals of the Indigenous Peoples nor have the appropriate mechanisms to guarantee our participation in all the debates that directly concern the Indigenous Peoples has been established.
Some environmentalists have supported the Kyoto Protocol because it is "the only game in town", and possibly because they expect that future emission reduction commitments may demand more stringent emission reductions (Aldy ''et al.''., 2003, p. 9). In 2001, seventeen national science academies stated that ratification of the Protocol represented a "small but essential first step towards stabilising atmospheric concentrations of greenhouse gases." Some environmentalists and scientists have criticized the existing commitments for being too weak (Grubb, 2000, p. 5). The United States (under former President
George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he ...
) and Australia (initially, under former Prime Minister
John Howard John Winston Howard (born 26 July 1939) is an Australian former politician who served as the 25th prime minister of Australia from 1996 to 2007, holding office as leader of the Liberal Party. His eleven-year tenure as prime minister is the ...
) did not ratify the Kyoto treaty. , in According to Stern (2006), their decision was based on the lack of quantitative emission commitments for emerging economies (see also the 2000 onwards section). Australia, under former Prime Minister
Kevin Rudd Kevin Michael Rudd (born 21 September 1957) is an Australian former politician and diplomat who served as the 26th prime minister of Australia from 2007 to 2010 and again from June 2013 to September 2013, holding office as the leader of the ...
, has since ratified the treaty, which took effect in March 2008.


Views on the flexibility mechanisms

Another area which has been commented on is the role of the Kyoto
flexibility mechanisms Flexible mechanisms, also sometimes known as Flexibility Mechanisms or Kyoto Mechanisms, refers to emissions trading, the Clean Development Mechanism and Joint Implementation. These are mechanisms defined under the Kyoto Protocol intended to lower ...
emissions trading Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission t ...
,
Joint Implementation Joint Implementation (JI) is one of three flexibility mechanisms set out in the Kyoto Protocol to help countries with binding greenhouse gas emissions targets (the Annex I countries) meet their treaty obligations. Under Article 6, any Annex I cou ...
, and the
Clean Development Mechanism The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet internat ...
(CDM). Toth ''et al.'' summarize the arguments for and against flexibility: , in The flexibility mechanisms have attracted both positive and negative comments. As mentioned earlier, a number of Annex I Parties have implemented emissions trading schemes (ETSs) as part of efforts to meet their Kyoto commitments. General commentaries on emissions trading are contained in
emissions trading Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission t ...
and
carbon emission trading Emission trading (ETS) for carbon dioxide (CO2) and other greenhouse gases (GHG) is a form of carbon pricing; also known as cap and trade (CAT) or carbon pricing. It is an approach to limit climate change by creating a market with limited ...
. Individual articles on the ETSs contain commentaries on these schemes (see for a list of ETSs). One of the arguments made in favour of the flexibility mechanisms is that they can reduce the costs incurred by Annex I Parties in meeting their Kyoto commitments. Criticisms of flexibility have, for example, included the ineffectiveness of emissions trading in promoting investment in non-fossil energy sources, and adverse impacts of CDM projects on local communities in developing countries.


Philosophy

As the Kyoto Protocol seeks to reduce environmental pollutants while at the same time altering the freedoms of some citizens. As discussed by
Milton Friedman Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the ...
, one can achieve both economic and political freedom through capitalism; nonetheless, it is never guaranteed that one is going to have equality of wealth of those on top of the "food chain" of this capitalistic world. All these alterations come to what the leaders of the citizens choose to impose in means of improving ones lifestyle. In the case of the Kyoto Protocol, it seeks to impose regulations that will reduce production of pollutants towards the environment. Furthermore, seeking to compromise the freedoms of both private and public citizens. In one side it imposes bigger regulations towards companies and reducing their profits as they need to fulfil such regulations with, which are oftentimes more expensive, alternatives for production. On the other hand, it seeks to reduce the emissions that cause the rapid environmental change called
climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to E ...
. The conditions of the Kyoto Protocol consist of mandatory targets on greenhouse gas emissions for the world's leading economies. As provided by the United Nations Framework Convention on Climate Change, "These targets range from −8 per cent to +10 per cent of the countries' individual 1990 emissions levels with a view to reducing their overall emissions of such gases by at least 5 per cent below existing 1990 levels in the commitment period 2008 to 2012." China, India, Indonesia and Brazil were not required to reduce their CO2 emissions. The remaining signatory countries were not obliged to implement a common framework nor specific measures, but to reach an emission reduction target for which they can benefit of a
secondary market The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold. The initial sale of the s ...
for carbon credits multilaterally exchanged from each other. The Emissions-trading Scheme (ETS) allowed countries to host polluting industries and to buy from other countries the property of their environmental merits and virtuous patterns. The Kyoto Protocol's goals are challenged, however, by climate change deniers, who condemn strong scientific evidence of the human impact on climate change. One prominent scholar opines that these climate change deniers "arguably" breach Rousseau's notion of the social contract, which is an implicit agreement among the members of a society to coordinate efforts in the name of overall social benefit. The climate change denial movement hinders efforts at coming to agreements as a collective global society on climate change. A 2021 review considers both the institutional design and the political strategies that have affected the adoption of the Kyoto protocol. It concludes that the Kyoto protocol's relatively small impact on global carbon dioxide emissions reflects a number of factors, including "deliberate political strategy, unequal power, and the absence of leadership" among and within nations. The efforts of fossil fuel interests and conservative think tanks to spread
disinformation Disinformation is false information deliberately spread to deceive people. It is sometimes confused with misinformation, which is false information but is not deliberate. The English word ''disinformation'' comes from the application of the L ...
and
climate change denial Climate change denial, or global warming denial, is denial, dismissal, or doubt that contradicts the scientific consensus on climate change, including the extent to which it is caused by humans, its effects on nature and human society, or th ...
have influenced public opinion and political action both within the United States and beyond it. The direct lobbying of fossil fuel companies and their funding of political actors have slowed political action to address climate change at regional, national, and international levels.


Conference of the Parties

The official meeting of all states party to the Kyoto Protocol is the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). It is held every year; it serves as the formal meeting of UNFCCC. Parties to the Convention may participate in Protocol-related meetings either as parties to the Protocol or as observers. The first conference was held in 1995 in Berlin. The first Meeting of Parties of the Kyoto Protocol (CMP) was held in 2005 in conjunction with COP 11. The 2013 conference was held in
Warsaw Warsaw ( pl, Warszawa, ), officially the Capital City of Warsaw,, abbreviation: ''m.st. Warszawa'' is the capital and largest city of Poland. The metropolis stands on the River Vistula in east-central Poland, and its population is officia ...
. Later COPs were held in Lima, Peru in 2014 and in Paris, France in 2015. The 2015 event, COP 21, aimed to hold the global average rise in temperature below 2 degrees Celsius. COP 22 was planned for Marrakesh, Morocco and COP 23 for Bonn, Germany.


Amendment and successor

In the non-binding " Washington Declaration" agreed on 16 February 2007, heads of governments from Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, the United States, Brazil, China, India, Mexico and South Africa agreed in principle on the outline of a successor to the Kyoto Protocol. They envisaged a global cap-and-trade system that would apply to both industrialized nations and
developing countries A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreem ...
, and initially hoped that it would be in place by 2009. The United Nations Climate Change Conference in Copenhagen in December 2009 was one of the annual series of UN meetings that followed the 1992 Earth Summit in Rio. In 1997 the talks led to the Kyoto Protocol, and the conference in Copenhagen was considered to be the opportunity to agree a successor to Kyoto that would bring about meaningful carbon cuts. The 2010 Cancún agreements include voluntary pledges made by 76 developed and developing countries to control their emissions of greenhouse gases. In 2010, these 76 countries were collectively responsible for 85% of annual global emissions. Executive summary i
other languages
By May 2012, the US, Japan, Russia, and Canada had indicated they would not sign up to a second Kyoto commitment period. In November 2012, Australia confirmed it would participate in a second commitment period under the Kyoto Protocol and New Zealand confirmed that it would not. New Zealand's climate minister Tim Groser said the 15-year-old Kyoto Protocol was outdated, and that New Zealand was "ahead of the curve" in looking for a replacement that would include developing nations. Non-profit environmental organisations such as the
World Wildlife Fund The World Wide Fund for Nature Inc. (WWF) is an international non-governmental organization founded in 1961 that works in the field of wilderness preservation and the reduction of human impact on the environment. It was formerly named the Wo ...
criticised New Zealand's decision to pull out. On 8 December 2012, at the end of the 2012 United Nations Climate Change Conference, an agreement was reached to extend the Protocol to 2020 and to set a date of 2015 for the development of a successor document, to be implemented from 2020 (see lede for more information). The outcome of the Doha talks has received a mixed response, with small island states critical of the overall package. The Kyoto second commitment period applies to about 11% of annual global emissions of greenhouse gases. Other results of the conference include a timetable for a global agreement to be adopted by 2015 which includes all countries. , p.2. At the Doha meeting of the parties to the UNFCCC on 8 December 2012, the European Union chief climate negotiator, Artur Runge-Metzger, pledged to extend the treaty, binding on the 27 European Member States, up to the year 2020 pending an internal ratification procedure. Ban Ki Moon, Secretary General of the United Nations, called on world leaders to come to an agreement on halting global warming during the 69th Session of the UN General Assembly on 23 September 2014 in New York. The next climate summit was held in Paris in 2015, out of which emerged the
Paris Agreement The Paris Agreement (french: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change. Adopted in 2015, the agreement covers climate change mitigation, Climate change a ...
, the successor to the Kyoto Protocol.


See also

*
Action for Climate Empowerment Action for Climate Empowerment (ACE) is a term adopted by the United Nations Framework Convention on Climate Change (UNFCCC). It refers to Article 6 of the Convention's original text (1992), focusing on six priority areas: education, training, publ ...
* Alternatives to the Kyoto Protocol and successor *
Asia Pacific Partnership on Clean Development and Climate The Asia-Pacific Partnership on Clean Development and Climate, also known as APP, was an international, voluntary, public-private partnership among Australia, Canada, India, Japan, the People's Republic of China, South Korea, and the United Stat ...
*
Business action on climate change Business action on climate change includes a range of activities relating to climate change, and to influencing political decisions on climate change-related regulation, such as the Kyoto Protocol. Major multinationals have played and to some ex ...
*
Carbon emission trading Emission trading (ETS) for carbon dioxide (CO2) and other greenhouse gases (GHG) is a form of carbon pricing; also known as cap and trade (CAT) or carbon pricing. It is an approach to limit climate change by creating a market with limited ...
*
Carbon footprint A carbon footprint is the total greenhouse gas (GHG) emissions caused by an individual, event, organization, service, place or product, expressed as carbon dioxide equivalent (CO2e). Greenhouse gases, including the carbon-containing gases carbo ...
*
Clean Development Mechanism The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet internat ...
*
Climate change mitigation Climate change mitigation is action to limit climate change by reducing Greenhouse gas emissions, emissions of greenhouse gases or Carbon sink, removing those gases from the atmosphere. The recent rise in global average temperature is mostly caus ...
*
Copenhagen Accord The Copenhagen Accord is a document which delegates at the 15th session of the Conference of Parties (COP 15) to the United Nations Framework Convention on Climate Change agreed to "take note of" at the final plenary on 18 December 2009. The Accor ...
*
Environmental agreements This is a list of international environmental agreements. Most of the following agreements are legally binding for countries that have formally ratified them. Some, such as the Kyoto Protocol, differentiate between types of countries and each n ...
*
Environmental impact of aviation Like other emissions resulting from fossil fuel combustion, aircraft engines produce gases, noise, and particulates, raising environmental concerns over their global effects and their effects on local air quality. Jet airliners contribute to ...
* Environmental law *
Environmental tariff An eco-tariff, also known as an environmental tariff or carbon tariff, is a trade barrier erected for the purpose of reducing pollution and improving the environment. These trade barriers may take the form of import or export taxes on products t ...
*
List of climate change initiatives This is a list of climate change initiatives of international, national, regional, and local political initiatives to take action on climate change (global warming). A Climate Action Plan (CAP) is a set of strategies intended to guide efforts for ...
*
List of international environmental agreements This is a list of international environmental agreements. Most of the following agreements are legally binding for countries that have formally ratified them. Some, such as the Kyoto Protocol, differentiate between types of countries and each na ...
*
Low-carbon economy A low-carbon economy (LCE) or decarbonised economy is an economy based on energy sources that produce low levels of greenhouse gas (GHG) emissions. GHG emissions due to human activity are the dominant cause of observed climate change since the mi ...
*
Montreal Protocol The Montreal Protocol is an international treaty designed to protect the ozone layer by phasing out the production of numerous substances that are responsible for ozone depletion Ozone depletion consists of two related events observed sinc ...
*
Net Capacity Factor The net capacity factor is the unitless ratio of actual electrical energy output over a given period of time to the theoretical maximum electrical energy output over that period. The theoretical maximum energy output of a given installation is def ...
*
Paris Agreement The Paris Agreement (french: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change. Adopted in 2015, the agreement covers climate change mitigation, Climate change a ...
*
Politics of global warming The politics of climate change results from different perspectives on how to respond to climate change. Global warming is driven largely by the emissions of greenhouse gases due to human economic activity, especially the burning of fossil fuel ...
*
Reducing Emissions from Deforestation and Forest Degradation Reduction, reduced, or reduce may refer to: Science and technology Chemistry * Reduction (chemistry), part of a reduction-oxidation (redox) reaction in which atoms have their oxidation state changed. ** Organic redox reaction, a redox reacti ...
or REDD *
Supplementarity "Supplementarity", also referred to as "the supplementary principle", is one of the main principles of the Kyoto Protocol. The concept is that internal abatement of emissions should take precedence before external participation in flexible mechanis ...
*
Sustainability Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable livi ...
*
United Nations Framework Convention on Climate Change The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas concentrations in th ...
or UNFCCC * World People's Conference on Climate Change


Notes


References

* * * * . Report No 6/2012. Repor
website
* * * * *

Data as a
Excel spreadsheet.
* (pb: ). * (pb: ). * (pb: ). * . * * * * * . Als
available
in Arabic, Chinese, Spanish, French and Russian. * Executive summary i
other languages
* . Available as
PDF
in the official UN languages. * * * * * *


Further reading

* Ekardt, F./von Hövel, A.: ''Distributive Justice, Competitiveness, and Transnational Climate Protection''. In: Carbon & Climate Law Review, Vol. 3., 2009, p. 102–114. * Katy Longden, Roshni Pabari, Munir Hassan, and Dalia Majumder-Russel,
Climate Change: Mitigation and Adaptation (A Legal Guide)
. Advocates for International Development (June 2012) * Romain Morel, and Igor Shishlov,

. CDC Climat Research (May 2014) * Sebastian Oberthür, Hermann E. Ott
''International Climate Policy for the 21st Century''
1999, Springer. ;Economics * From this issue: ** **


External links

* Protocol text

an
PDF

2007
an
2012 amendment

List of countries who have ratified, accepted, approved, or accessed the Kyoto Protocol
it
first amendment
(Targets for Belarus) and it
second amendment
(extension period 2012–2020)

– fully indexed and crosslinked with other documents


Kyoto: On Target? – Google Docs


on the ''Kyoto Protocol to the United Nations Framework Convention on Climate Change'' in th

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