The Kyoto Protocol was established in 1997 under the UNFCCC to encourage countries to reduce greenhouse gas emissions. Developed countries agreed to binding emissions cuts, while developing countries were not required to make cuts. The three main mechanisms of the Kyoto Protocol are emissions trading, the Clean Development Mechanism, and Joint Implementation. The document discusses the effects of the protocol on developed (Annex 1) and developing (Non-Annex 1) countries, and presents a case study examining policy options for Annex 1 countries to meet their emissions targets while limiting negative impacts on developing countries.

1. AN INVENTORY ON THE
KYOTO PROTOCOL AND
ITS EFFECTS ON AND FOR
DEVELOPMENT
TERM PAPER FOR THE SUBJECT :
DEVELOPMENT PLANNINGAND MANAGEMENT

2. INTRODUCTION TO KYOTO
PROTOCOL AND THE 3 MAJOR
GOALS
 The international bindings to encourage readdress of climate change the
core is lead by the United Nations Framework Convention On Climate
Change (UNFCCC).
 Set up in 1997, the Conference of parties III in kyoto, japan, a consensus
was reached.
 Developed Countries agreed to cuts in the carbon emissions of Greenhouse
gases, with a much detailed framework and country annexure specific
framework.
 The Three Kyoto Mechanisms are:
 Emissions Trading known as The Carbon Market,
 The Clean Development Mechanism (CDM)
 Joint Implementation (JI).

3. PARTIES UNDER THE KYOTO
PROTOCOL
ANNEXURE 1 PARTIES NON-ANNEX 1 PARTIES

4. EFFECTS OF THE PROTOCOL
 The Annex 1 countries as seen are the countries on the
accountability of which the Non Annex 1 countries work. with
measures taken to downsize the carbon emissions. such
measures end up acting as a ripple effect to the countries as
before stated to have to burden the effect.
 When taken into consideration , the developing economies and
their methods to track down the ongoing emissions, mostly seen
these countries tend to reap by putting extra taxes on the fuel
consumption, targeting both reduction in emission as well the
collection of taxes for revenue to fund the Kyoto target.

5. MIT CASE STUDY
 Consider two sets of actions that Annex 1 countries could take to limit
negative impacts on Non-Annex 1 countries. Kyoto Protocol and used in
this analysis.
Implementation of Annex 1 controls:
 Revision of fuel taxation policies
 Removal of coal subsidies
 Trading of emission permits
The second set of policy measures includes actions:
 That Annex 1 countries might consider to meet the needs of particular
developing countries. These actions include:
 Special tariff concessions
 Direct financial compensation,