Definition
The Kyoto Protocol is an international agreement that was adopted in 1997 as an extension of the United Nations Framework Convention on Climate Change (UNFCCC). It sets binding targets for industrialized countries to Reduce their greenhouse gas emissions in order to combat climate change.
Interesting Facts
- The Kyoto Protocol was named after the city of Kyoto, Japan, where the agreement was negotiated and adopted.
- It became effective in 2005 and has been ratified by 192 countries.
- The Protocol’s main goal is to reduce global greenhouse gas emissions by at least 5% below 1990 levels by the year 2020.
- It introduced the concept of carbon trading, allowing countries to buy and sell emissions credits to meet their targets.
Importance in Sustainable Development
The Kyoto Protocol is essential in the context of Sustainable Development Goals (SDGs) as it directly addresses Goal 13: Climate Action. By setting binding emissions reduction targets, the Protocol aims to mitigate the impacts of climate change and promote sustainable development.
Under the Sustainable Development Goals (SDGs), the Kyoto Protocol contributes to the overall objective of achieving a sustainable and resilient future for all. By reducing greenhouse gas emissions, it helps to combat global warming. It protects ecosystems, and ensure the well-being of present and future generations.
Additionally, the Kyoto Protocol aligns with the Environmental, Social, and Governance (ESG) framework. The protocol emphasizes the importance of environmental responsibility and sustainable practices by requiring countries. They adopt measures to reduce emissions and promote clean energy alternatives.
In summary, the Kyoto Protocol plays a crucial role in addressing climate change and advancing sustainable development. It sets binding targets for emissions reduction, promotes international cooperation, and contributes to the achievement of SDGs and ESG objectives.
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