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Kyoto Protocol

The Kyoto Protocol to the UNFCCC (Framework Convention on Climate Change) It adopted at the Third Session of the Conference of the Parties (COP) in December 1997 and came into force in 2005. This aims to make operational the mechanisms for achieving the control of greenhouse gases and preventing ‘dangerous anthropogenic interference with the climate system. It contains legally binding commitments, in addition to those included in the UNFCCC. Annexe B countries (mostly developed countries) agreed to reduce their anthropogenic GHG emissions (carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride) on average by at least 5% below 1990 levels in the period 2008–2012.


Greenhouse Economics, Value and ethics Clive L. Spash

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