The Kyoto mechanisms Under the Protocol, countries must meet
their targets primarily through national measures. However, the
Protocol also offers them an additional means to meet their
targets by way of three market-based mechanisms. The Kyoto
mechanisms are: The mechanisms help to stimulate green
investment and help Parties meet their emission targets in a
Monitoring emission targets Under the Protocol, countries'
actual emissions have to be monitored and precise records have
to be kept of the trades carried out. Registry systems track and
record transactions by Parties under the mechanisms. The UN
Climate Change Secretariat, based in Bonn, Germany, keeps an
international transaction log to verify that transactions are
consistent with the rules of the Protocol. Reporting is done by
Parties by submitting annual emission inventories and national
reports under the Protocol at regular intervals. A compliance
system ensures that Parties are meeting their commitments and
helps them to meet their commitments if the