Tuesday, February 14, 2006
According to the acting head of the United Nations Framework Convention on Climate Change, Richard Kinley, industrialized countries that have ratified the 1997 Kyoto Protocol can still reach their legally binding emissions targets.
Under the Kyoto Protocol, 34 industrialized countries and the EEC are required to reduce greenhouse gas emissions by at least 5% below 1990 levels between 2008 and 2012. A total of 160 Parties to the Protocol have now ratified the treaty, which entered into force on 16 February 2005.
Looking ahead to the first anniversary of the entry into force of the Kyoto Protocol this week, Richard Kinley said that as a whole, these countries were "on their way to lower their emission levels by at least 3.5% below 1990 levels during the first commitment period". "With the help of additional measures and the use of Kyoto market-based mechanisms, they will as a group be able to reach their agreed Kyoto reduction targets", he added.
See Kinley statement