The Kyoto Protocol and International Trade Law
Article from: OGEL 1 (2004), in Climate Change
Introduction
As the embodiment of the United Nations Framework Convention on Climate Change (UNFCCC or the Convention), the Kyoto Protocol (the Protocol) marks an important first step towards internalising the climate change externalities and represents the most commendable effort by the international community to put the concept of sustainable development into practice. The Protocol sets cumulative, legally binding caps on the anthropogenic emissions of Greenhouse gases (GHGs) for Annex I countries, which could be achieved through different methods. While some interactions of these methods and World ...