KYOTO PROTOCOL

Executive act, which contains legally binding targets and decisions on the operational implementation of some of the commitments of the Framework Convention on Climate Change (United Nations Framework Convention on Climate Change) signed in December 1997 at the conclusion of the Third Plenary Session of the Conference of Parties (COP3). The Protocol commits developed countries and countries with economies in transition (Eastern European countries) to reduce a total of 5.2 percent of the main anthropogenic greenhouse gas emissions by 2010 and, more specifically, in the period between 2008 and 2012. The basket of greenhouse gases considered in the Protocol includes six gases: carbon dioxide, methane, nitrous oxide, hydrates fluorocarbons, perfluorocarbons, sulfur hexafluoride. The base year for reducing emissions of the first three gases is 1990, while the remaining three (which are harmful gases and stratospheric ozone than for other aspects fall into another protocol, the Montreal Protocol) is the 1995. The overall decrease of 5.2 percent is not equal for all countries. For the member countries of the European Union as a whole, the sum should be equal to 8 percent for the U.S. to 7 per cent for Japan 6 per cent. The Kyoto Protocol will enter into force 90 days after ratification by at least 55 parties to the Framework Convention on Climate Change, including countries, Annex I (industrialized countries is substantially) that are responsible Overall at least 55 percent of all CO2 emissions in 1990.