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SUSTAINABLE DEVELOPMENT AND GOVERNMENT POLICIES |
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Awareness raised in the international community. |
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| At the end of the major international
conferences organised by the United Nations to foster more socially
responsible and environmentally-friendly economic development, participating
countries signed various protocols and charters. They laid down an ambitious target of gradually reducing greenhouse gas emissions, by harnessing a wider range of energy. Rio Earth Summit-Agenda 21-Kyoto Protocol-Johannesburg Earth Summit |
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Undertakings secured from 40 industrialised countries
in connection with the Kyoto protocol. |
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The Kyoto protocol is an international agreement under which 180 nations, including forty or so developed countries, have undertaken to stabilise their greenhouse gas emissions at their current level and then reduce them collectively by 5% at least worldwide over the 2008-2012 period compared to their 1990 levels. The Kyoto Protocol came into force on 16 February 2005. The aim of the protocol is for each signatory country to attain the objectives stated in 1997. In particular, the protocol proposes an international carbon trading market, allowing the buying and selling of emission quotas, otherwise known as “carbon credits”. |
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