The Kyoto protocol is an international agreement linked to the UNFCCC, which commits its Parties by setting internationally binding emission reduction targets by way of three flexibility mechanisms. It was adopted by number of countries in 1997 which required developed countries and economies in transition (as listed in Annex B of the protocol) to reduce their GHG emissions by an average of 5.2% below 1990 levels. India accepted the Kyoto Protocol on 26th August 2002 but as stated earlier the contribution is non-binding.
Important concepts like Clean Development Mechanism, Joint Implementation and International Emission Trading ....
