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12/10/2001
Marrakech Meeting to Make Kyoto Protocol Fully Operational
'A
turning point that enables the Kyoto Protocol to move into high
gear' was how the forthcoming meeting of delegates to the seventh
Conference of the parties to the Convention on Climate Change was
described this week. The meeting, to be held in Marrakech, Morocco
from 29 October to 9 November, will finalise the procedures and
institutions needed to make the Kyoto Protocol fully operational.
Participating
governments at Marrakech will aim to translate the political principles
reached at the last meeting of the Climate Change Conference in
Bonn last July into a detailed operational rulebook. They will also
address how to increase the flow of financial and technological
support to developing countries under the Convention.
"Certainty
about the Kyoto Protocol's rules will further motivate businesses
and other economic actors to create the low-carbon economy of the
future," he said. "It will also clear the way for governments
to ratify the Protocol and bring it into force. Marrakech should
be turning point that enables the Protocol to move into high gear."
said Michael Zammit Cutajar, the Convention's Executive Secretary.
With
the new funding and rules in place, the Parties to the Convention
could start discussing the political issues that are likely to dominate
the next few years, including the widespread desire to re-engage
the United States in emissions limitation, the second period for
emissions cuts under the Protocol (on which negotiations should
start by 2005) and the prospects for expanding the group of countries
with emissions targets, the UNFCCC said.
The
Kyoto Protocol will enter into force and become legally binding
after it has been ratified by at least 55 parties to the Convention,
with industrialised countries representing at least 55 per cent
of the total 1990 carbon dioxide emissions from this group. So far,
39 countries have ratified, including one industrialised country,
Romania.
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