FACTBOX: What is the Kyoto Protocol?

Sun Dec 2, 2007 3:11am EST
 
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(Reuters) - Delegates from about 190 nations will meet in Bali, Indonesia, from December 3-14 aiming to launch negotiations on a new U.N. pact to succeed the Kyoto Protocol beyond 2012.

Here are some frequently asked questions about Kyoto:

* WHAT IS THE KYOTO PROTOCOL?

-- It is a pact agreed by governments at a 1997 U.N. conference in Kyoto, Japan, to reduce greenhouse gases emitted by developed countries to at least 5 percent below 1990 levels by 2008-12. A total of 174 nations have ratified the pact.

* IS IT THE FIRST AGREEMENT OF ITS KIND?

-- Governments agreed to tackle climate change at an "Earth Summit" in Rio de Janeiro in 1992 with non-binding targets. Kyoto is the follow-up.

* SO IT IS LEGALLY BINDING?

-- Kyoto has legal force from February 16, 2005. It represents 61.6 percent of developed nations' total emissions. The United States, the world's biggest source of emissions, came out against the pact in 2001, reckoning it would be too expensive and wrongly omits developing nations from a first round of targets to 2012.

* HOW WILL IT BE ENFORCED?  Continued...

 

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