Kyoto protocol was signed in the year

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“We are all most grateful to members of The Consumer Goods Forum for doing what is in their power to ensure the availability of these products at affordable prices. We appreciate CGF members’ constant support for the efforts of national governments and public health bodies.” DR DAVID NABARRO A WORLD HEALTH ORGANIZATION SPECIAL ENVOY ON COVID-19 • “Leadership by the private sector can catalyse action on multiple fronts to tackle hunger, micronutrient deficiencies, and overweight and obesity. This workforce programme is one. It makes business sense, and is the right thing to do. We appreciate CGF’s leadership”. Lawrence Haddad EXECUTIVE DIRECTOR, GAIN • KYOTO, 8 June 2023 — The Consumer Goods Forum (CGF’s) 2023 Global Summit drew to a close today after a two-day programme centred on the Pursuit of Harmony in Turmoil: Working Together to Make a Difference. Over 1,000 CEOs and C-level executives from the world’s leading retailers, manufacturers and service providers attended the CGF’s flagship event, now in its 64th edition. These influential delegates are returning to their workplaces with the concrete solutions necessary to adapt to a world in flux. A Spotlight on Sustainability The Kyoto International Conference Centre may be best known as the site where the Kyoto Protocol was signed in 1997, codifying the world’s commitment to addressing climate change. It served as a fitting backdrop to today’s conversations, many of which hinged upon the industry’s responsibility to achi...

(Pic: Thawt Hawthje/Flickr) By Ten years ago today the world’s first legally binding climate change deal came into force. First agreed in 1997, it took eight years for participating countries to ratify the The deal was fairly simple. Industrialised countries would be legally obliged to cut their greenhouse gas emissions 5% on 1990 levels by 2008-2012. Developing countries – including China, India, Brazil and South Africa – would face no restriction on their emissions but were encouraged to adopt policies to promote greener growth. To help countries meet targets, Kyoto also offered a range of market mechanisms that could help rich countries offset emissions by investing in low carbon projects in poorer parts of the world. It was hailed as an “environmentally strong and economically sound” deal by US president Bill Clinton, speaking just after agreement had been reached in 1997. “It reflects a commitment from our generation to act in the interests of future generations,” he said. Washington’s lawmakers disagreed, the Senate voting 95-0 against the treaty, and Clinton’s successor George W Bush withdrew US support in 2002, labelling it “fatally flawed”. That left the US and China – the world’s largest carbon polluters – free from any restraints, leading critics to say it was pointless as it only covered a fraction of global emissions. Nevertheless, after years of wrangling, in late 2004 Russia finally signed up, which meant Kyoto had 55 members, enough for it to come online in...

On December 11, 1997 in Kyoto, Japan, the In the '80s and '90s, the international community began to fully internalize the ramifications of climate change and the impact of human activity on the environment. The Kyoto Protocol committed different nations to different actions. Some nations were held to binding targets for reducing emissions of carbon dioxide, methane and other greenhouse gases, while others, including major emitters like China and India, did not having binding targets. Nations that could not meet their objectives had options of ways to contribute to emissions reductions in the “developing” world by doing things like investing in emissions-reducing infrastructure or “trading” emissions by purchasing another nation’s rights to a certain amount of emissions. READ MORE: 84 nations signed onto the Kyoto Protocol, and nearly every United Nations member became a party to it. The most notable exception was the United States. President In 2011, Canada announced its intent to withdraw from the Kyoto Protocol. A second phase of the Protocol, the Doha Agreement, was drafted in 2012, but fell seven signatures short of ratification. Innovative but only somewhat effective, the Kyoto Protocol exemplifies both the strength of the international will to improve the climate and the inherent difficulties of bringing world leaders together for that purpose.

The The Kyoto Protocol committed industrialized countries to reducetheir greenhouse gasesemissionsin accordance with agreed individual targets. Under the principle of “common but differentiated responsibility and respective capabilities,” the Protocol mandated that The Kyoto Protocol only binds developed countries, as they are largely responsible for the high levels of greenhouse gases in the atmosphere. To enable countries to meet their emissions reduction targets, the Kyoto Protocol established three market-based mechanisms: Through In December 2012, after the first commitment period of the Protocol ended, parties to the Kyoto Protocol met in Doha, Qatar, to adopt an amendment to the original Kyoto agreement. This so-called Doha Amendment added new emission-reduction targets for the second commitment period, 2012–2020, for participating countries. In 2015, however, countries agreed on yet another legally binding climate treaty, the How is the Paris Agreement different? Both treaties were concluded under the The Kyoto Protocol required only developed countries to reduce emissions, while the Paris Agreement recognized that climate change is a shared problem and called on all countries to set emissions targets. The Kyoto Protocol did not compel developing countries, including major carbon emitters China and India, to take action. The United States signed the agreement in 1998 but never ratified it and later withdrew its signature. The Founded in 2022 and led by a group of e...