The Kyoto Protocol introduced "flexibility mechanisms" to help industrialized nations meet their emission reduction targets cost-effectively. Carbon trading is the most prominent among these, allowing for the buying and selling of emission allowances. This concept was actively developed and implemented from the early 2000s.
As per Kyoto Protocol on Climate Change, 1997, a new concept has been developed from 2002 in regards to reducing carbon in the atmosphere for the industrially developed nations. What is this concept?
Asked in Asst Mana APDCL GS 06 2023 · Topic: Greenhouse Effect and Climate Change (Carbon Footprint, Carbon Sequestration, and Carbon Pricing Mechanisms)
More Environment and Ecology questions
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