Kyoto Protocol

The Kyoto Protocol is an international treaty that aims to reduce greenhouse gas emissions in order to address climate change. The treaty was adopted in 1997 and entered into force in 2005. It sets binding targets for developed countries to reduce their greenhouse gas emissions, and provides mechanisms for achieving these reductions, such as emissions trading and the Clean Development Mechanism. The Protocol was the first international agreement to address climate change, and it has been ratified by nearly all countries, including most developed countries.

Clean Development Mechanism (CDM)

The Clean Development Mechanism (CDM) is a mechanism established under the United Nations Framework Convention on Climate Change (UNFCCC) to help developing countries reduce their greenhouse gas emissions. The CDM allows developed countries to invest in emissions reduction projects in developing countries and receive certified emission reductions (CERs) in return.

CERs are tradable units that represent one tone of carbon dioxide equivalent emissions reduction. Developed countries can use CERs to help them meet their emissions reduction targets under the UNFCCC, while developing countries can earn revenue from the sale of CERs to support their development efforts.

The CDM aims to encourage the transfer of technology and investment from developed to developing countries, while also promoting sustainable development and helping to reduce global greenhouse gas emissions. The CDM is one of several mechanisms established under the UNFCCC to support the implementation of the Paris Agreement on climate change.

Carbon Credits

Carbon credits were introduced as part of the Kyoto Protocol, an international treaty that aims to reduce greenhouse gas emissions in order to address climate change. The Protocol was adopted in 1997 and entered into force in 2005. It sets binding targets for developed countries to reduce their greenhouse gas emissions, and provides mechanisms for achieving these reductions, such as emissions trading and the Clean Development Mechanism.

carbon credit is a tradable permit that allows countries, companies, or individuals to offset their emissions by investing in greenhouse gas reduction projects in other countries. Carbon credits are earned by countries that exceed their emissions targets under the Kyoto Protocol or other international agreements, and they can be sold to other countries, companies, or individuals who need to offset their emissions. Carbon credits are intended to provide a financial incentive for countries, companies, and individuals to reduce their emissions and to support the development of low-carbon technologies and solutions.