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The 1997 Kyoto Protocol: What Does It Mean for Project-Based Climate Change Mitigation?

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Abstract

The Kyoto Protocol effectively ends the Activities Implemented Jointly (AIJ) pilot phase. However, it is premature to conclude that Articles 6 and 12 of the Protocol vindicate joint implementation and successfully conclude the AIJ pilot phase. Rather, Articles 6 and 12 can be seen as part of the price developing countries felt they had to pay to obtain a Protocol. Debate over Articles 6 and 12 is likely to be as contentious as the JI/AIJ debates that preceded it. Indeed, the AIJ pilot phase has not answered many concerns posed by developing countries and other interest groups. While companies and countries participating in AIJ have had wide latitude to pursue almost any projects they wished, it remains to be seen how much of this flexibility will be preserved as Articles 6 and 12 become operational. This will determine whether the importance and cost-effectiveness originally predicted for the joint implementation concept comes to pass.

A review of the JI and AIJ literature suggests many potential stumbling blocks to achieving large-scale and cost-effective emissions reductions through project-based mitigation efforts under the Kyoto Protocol. This paper identifies these stumbling blocks and systematically assesses their potential implications. The Greenhouse Gas Offset Cost Assessment and Decisionmaking Model (GGOCAD©) is used to qualitatively as well as quantitatively evaluate the importance of key criteria and methodological decisions under Articles 6 and 12. It is easy to develop scenarios in which project-based mitigation through Articles 6 and 12 would not be permitted to contribute substantially to achievement of countries’ obligations under Article 3. Overcoming the challenges facing project-based mitigation efforts is important to achieving the larger goals of the Kyoto Protocol.

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Trexler, M.C., Kosloff, L.H. The 1997 Kyoto Protocol: What Does It Mean for Project-Based Climate Change Mitigation?. Mitigation and Adaptation Strategies for Global Change 3, 1–58 (1998). https://doi.org/10.1023/A:1009682712682

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