KYOTO PROTOCOL: BASIC ECOLOGICAL AND ECONOMIC PARADIGM
The article analyzes the main economic approaches adopted within the framework of the implementation of the Kyoto Protocol to achieve better control over greenhouse gas (GHG) emissions. Emissions from 37 developed countries that had emission reduction targets decreased by more than 22% compared to 1990, far exceeding the original target of 5% since 1990. The main mechanisms contributing to the achievement of this result are disclosed, the clean development mechanism (CDM) and practical aspects of its implementation are described in the most detail.