Adaptation Fund
The Kyoto Protocol, like the Convention, is also made to help countries handle the bad effects of climate change. It makes it easier to create and use technologies that can make us stronger against the impacts of climate change. The Adaptation Fund was started to pay for projects and plans in developing countries that follow the Kyoto Protocol. Initially, the Fund got most of its money from certain project activities. In Doha, in 2012, it was decided that for the second commitment period, international emissions trading and joint implementation would also give the Adaptation Fund a 2 percent share of proceeds.
Kyoto Protocol
The Kyoto Protocol is a global agreement with the major aim of reducing the release of greenhouse gases in our atmosphere. This treaty specifically addresses six key greenhouse gases which are – carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride.
This treaty is an extension of the 1992 United Nations Framework Convention on Climate Change called the UNFCCC, which is meant to focus on curbing emissions to combat climate change. In this article, we will look into the details of the Kyoto Protocol.
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Table of Content
- What is the Kyoto Protocol?
- Kyoto Protocol UPSC Facts
- Doha Amendment to the Kyoto Protocol – IAS Exam Facts
- Kyoto Mechanisms
- Monitoring Emission Targets
- Adaptation Fund
- India and the Doha Amendment to the Kyoto Protocol
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