Can you explain the Kyoto Protocol and its impact on international climate policy ?
The Kyoto Protocol, an international environmental treaty adopted in 1997 and effective from 2005, is a legally binding agreement aimed at reducing greenhouse gas emissions to combat climate change. Named after Kyoto, Japan, where it was signed, the protocol has significantly influenced international climate policy by establishing specific emission reduction targets for developed countries, introducing market-based mechanisms like Joint Implementation and Emissions Trading, promoting the Clean Development Mechanism, enhancing international cooperation, sparking debates on global versus national responsibility, and influencing subsequent climate agreements like the Paris Agreement.