The Kyoto Protocol and Paris Agreement are two of the most significant international agreements aimed at mitigating climate change. While they were adopted at different times and have some differences, there are also some similarities between these two agreements.
Both agreements aim to reduce greenhouse gas emissions to control the global temperature and limit the impact of climate change. The Kyoto Protocol was adopted in 1997, and its primary goal was to reduce greenhouse gas emissions of the developed countries by an average of 5.2% below 1990 levels in the period between 2008-2012. The Paris Agreement, on the other hand, was adopted in 2015, and its aim is to limit global temperature rise to less than 2 degrees Celsius and pursue efforts to limit it even further to 1.5 degrees Celsius.
Both agreements have set targets for reducing greenhouse gas emissions. The Kyoto Protocol mandated developed countries to reduce their emissions. In contrast, the Paris Agreement requires all countries, including developed and developing economies, to work towards reducing their emissions. The Paris Agreement set a target for global net-zero greenhouse gas emissions by the middle of this century, requiring countries to update their targets every five years based on their progress.
Another similarity between the Kyoto Protocol and the Paris Agreement is that they both use market mechanisms to help achieve their goals. The Kyoto Protocol established the Clean Development Mechanism (CDM), which allows developed countries to offset their emissions by investing in clean energy projects in developing countries. The Paris Agreement established the Voluntary Carbon Market (VCM), which aims to mobilize private sector finance to reduce emissions.
Moreover, both agreements emphasized the importance of adaptation to climate change. The Kyoto Protocol identified the need for developed countries to provide financial and technological support to the developing nations to help them adapt to climate change. The Paris Agreement also recognized the importance of adaptation and made it a key pillar of the Agreement.
In conclusion, the Kyoto Protocol and Paris Agreement share some similarities as both aimed to reduce greenhouse gas emissions, set targets, and use market mechanisms to achieve their goals. They also both emphasized the importance of adaptation to climate change. The Paris Agreement expanded on the Kyoto Protocol`s framework by making it a global effort, involving all nations to contribute to the necessary mitigation and adaptation efforts.