The Kyoto Protocol is designed to reduce greenhouse gas emissions, while al
lowing Parties to implement trading mechanisms to achieve such reductions.
A compliance regime is necessary for the success of the Protocol. Given the
Protocol's complexity and expected participation by non-state actors, any
dispute settlement mechanism designed for such a compliance system must be
flexible and provide predictability to its participants. This Article draws
on existing dispute settlement models to recommend a suitable settlement m
echanism It suggests a three-tiered dispute settlement system combining asp
ects of an enforceable dispute resolution process, strong sanctions for non
compliance, and opportunities for arbitrating disputes that arise between p
rivate entities.