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Flexible ways of meeting emission targets
To achieve their targets, Annex I Parties must put in place domestic policies and measures. To
compensate for the sting of "binding targets," as they are called, the Protocol offers
countries flexibility in how they meet their targets.
Parties may offset their emissions, for example, by increasing the amount of greenhouse gases (GHGs)
removed from the atmosphere by so-called carbon "sinks" through activities such as
reforestation. The Protocol has also set up three innovative flexibility mechanisms: The
Clean Development Mechanism (CDM), Joint
Implementation (JI) and Emissions Trading. (See
sub-chapter on Mechanisms.)
Monitoring a complex treaty
The Kyoto Protocol is a complex agreement that requires strict monitoring to be effective.
Parties must keep a national registry to track and record transactions under the
mechanisms. The secretariat keeps an independent transaction log to verify that
transactions are consistent with the rules of the Protocol. (See sub-chapter on Registry.)
Annex I Parties must submit annual emission inventories and regular
national communications under the Protocol, both of which are
subject to in-depth review by expert review teams. To ensure that accurate records are maintained,
the secretariat publishes an annual compilation and accounting report of each
Party's emissions and transactions over the year. (See sub-chapter on Reporting.)
The Protocol's compliance system, agreed as part of the Marrakesh Accords, gives
"teeth" to its commitments. It consists of a Compliance Committee made up
of two branches: a facilitative branch and an enforcement branch. As their names suggest, the
facilitative branch aims to provide advice and assistance to Parties, including "early
warning" that a Party may be in danger of not complying, whereas the enforcement branch can
impose certain consequences on Parties not meeting their commitments. (See sub-chapter on Compliance.)
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