Kyoto Protocol Mechanism

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INTRODUCTION

The Kyoto Protocol of the United Nations Treaty on Climate Changes legally commits countries to reduce their greenhouse gas emissions by an average of 5.2 percent relative to 1990 levels. CDM and carbon trading are the two mechanisms evolved under the protocol for achieving these targets. Clean Development Mechanism (CDM), one of the two project-based flexible mechanisms of the Kyoto Protocol. On the other hand Carbon trading allows industries in developed countries to off-set their emissions of carbon dioxide by investing in reforestation and clean energy projects in developing countries. These mechanisms make it easier and economical for industrialized countries to meet the greenhouse gas (GHG) emission reduction targets that have been agreed upon under the Kyoto
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CDM and Carbon trading are the two mechanisms designed under this protocol are the opportunities for these countries to restructure their power sector to be sustainable and renewable based at the cost of developed nations.

• There are two mechanism in Kyoto protocol
Clean development mechanism: the CDM allows a country to implement projects that reduce or remove emission in developing countries and to earn certified emission credits. The CDM is ment to stimulate sustainable development and emission reductions in developing countries, while giving industrializing countries some economic flexibility in how they meet their emission reduction or limitations targets.
Carbon trading: This approach used to control pollution by providing economic incentive for achieving reductions in the emission of pollutants.

• It allows developed countries to offset their emission of carbon dioxide by investing in reforestation and clean energy. It makes the gases reduction targets easy for industrialized
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