Marrakesh Agreement

With 39 decisions, the Marrakesh Agreement compiles the principles, nature, scope, types, and procedures of the flexible mechanisms (CDM, Joint Implementation and Emissions Trading). It was in Africa, in the city of Marrakesh, during the seventh Conference of the Parties (COP 7) that the Bonn Agreement was translated into formal decisions, triggering a package of operational rules for the Kyoto Protocol, giving rise, after some concessions made by all of the parties, to the Marrakesh Agreement. The main purpose of the agreement was to facilitate the immediate start of the Clean Development Mechanism (CDM), regulating the project certification procedure and its phases.

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Kyoto Protocol

Kyoto Protocol

On December 11, 1997, the Kyoto Protocol was created during the Third Conference of the Parties (COP 3) to the Climate Change Convention, held in Kyoto, Japan. It is a treaty linked to the convention, which defines the responsibilities and obligations of the...

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Any process or activity that releases greenhouse gases, aerosols or a precursor of greenhouse gas into the atmosphere.