Climate change has been on the international policy agenda since the United Nations Framework
Convention on Climate Change (UNFCCC) was agreed in 1992. Recent authoritative reports
have further emphasised the seriousness and urgency of the problem, but have also indicated
that climate change can be mitigated if adequate action is taken in the short and medium
term. The Kyoto Protocol was the UNFCCC’s answer to the call for measures and has been effective
in establishing an international carbon market and reducing emissions in some countries
and regions
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