Authorization
On December 10, 2011 Kyoto Protocol member states reached a basis agreement called Durban Platform.
It was expected that the Durban conference will result in signing of a framework agreement but last minute the parties agreed to prolong Kyoto Protocol for second commitment period. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by May 1, 2012. The general goal of the second period is reduction of greenhouse gases emission for 25-40%. Ukraine obliged to cut its emissions for 20% till 2020 compared to 1990, and for 50% - till 2050. Next climate conference in Qatar will approve these quantity goals for emission reduction as amendments to the Kyoto Protocol. The second period will continue till 2017 and the new climate protocol shall come into force as of January 1, 2020. It means that member-states will have 3 years for its ratification.
Conference participants have also adopted a road map for a universal international treaty.
At the same time, Russia, Canada, Japan and New Zeeland refused to take part in second stage when penalties for violation of an approved emission schedule are introduced. USA which signed but have not ratified the Kyoto Protocol will not participate in the second period.
Canadian government decided that Canada should withdraw from the Kyoto Protocol and become the first country to do us.
Current protocol members – EU countries and some other states are accountable for 16% of the world carbon dioxide emissions.
At the same time, such industrial states as China and India have no clear limitation of emission volumes.Based on materials from the law firm ARZINGER
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