What is the Kyoto Protocol?
The Kyoto Protocol is an international treaty which extends the 1992 United Nations Framework Convention on Climate Change (UNFCCC). The UNFCCC commits countries to reduce greenhouse gas emissions. The Kyoto Protocol was adopted in Kyoto, Japan, on December 11, 1997 and entered into force on February 16, 2005. There are currently 192 parties to the Protocol.
The Kyoto Protocol is the pledge to implement the objective of the UNFCCC to fight global warming by reducing greenhouse gas concentrations to a desired level. The Protocol is based on the principle of common but differentiated responsibilities: it puts 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. A second commitment period was agreed on in 2012, known as the Doha Amendment to the protocol, in which 37 countries have binding targets. As of July 2016, 66 states have accepted the Doha Amendment.
The road ahead – The Kyoto Protocol is seen as an important first step towards a truly global emission reduction regime that will stabilize GHG emissions, and can provide the architecture for the future international agreement on climate change.