Climate Change Convention
Clean Development


Climate Change Convention is an United Nations agreement to stabilise greenhouse gases in the atmosphere, at a level that would prevent dangerous changes to the climate.

To put the convention into operation, a protocol was outlined in Kyoto in 1997. The most important aspect of the Kyoto Protocol is its legally binding commitments for 39 developed countries to reduce their greenhouse gas (GHG) emissions by an average of 5.2% relative to 1990 levels.

The Kyoto Protocol allows developed countries to reach their targets in different ways through 'Flexibility Mechanisms'. These include: Emissions Trading (trading of emission allowances between developed nations); Joint Implementation (transferring emission allowances between developed nations, linked to specific emission reduction projects); and the Clean Development Mechanism (CDM).

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