18/2/2005
Climate change: Commission hails entry into force of the Kyoto
Protocol
The European Commission joins 140 nations in celebrating the
entry into force today of the Kyoto Protocol, which gives the
international community its most powerful instrument yet to combat
global climate change. Industrialised countries that have ratified
the Protocol are legally obliged to meet their targets for limiting
or reducing greenhouse gas emissions by 2012. The EU has already
made this binding for Member States under EU law.
Since it was agreed in 1997,
the Kyoto Protocol has been ratified by 140 countries plus
the European Community, thus covering 80%
of the world’s population. Its entry into force comes 90
days after Russia handed its ratification to the United Nations
on 18 November. In addition to the emission reduction targets,
the entry into force of Kyoto will also mark the beginning of
a global carbon market, with links to the EU emission trading
scheme that began on 1 January. This is expected to stimulate
investment in emissions-saving projects around the world which
industrialised countries can use to help meet their targets.
These instruments provide cost-effective ways to meet targets
by using flexible mechanisms provided for under the Protocol.
In a video statement transmitted
to a special event in Kyoto organised by the government of
Japan, Commission President José Manuel
Barroso said: “It is imperative that we do all we can to
save our planet for future generations, and indeed make it safer
for us all today. The Kyoto Protocol is a first but crucial step
in doing so. The Protocol’s entry into force today sends
a strong signal to business that we need new climate-friendly
technologies.”
Environment Commissioner Stavros
Dimas added: “Combating
climate change is not an option, it is a necessity. If global
temperature continue to rise, this will present a threat to our
well-being, to our economies. This is why the EU is working hard
to meet its Kyoto targets for cutting emissions. But overwhelming
scientific evidence suggests that we need to work harder and
aim for deep emissions reductions worldwide. Kyoto is only a
first step - the EU is ready to discuss further-reaching measures
for the post-2012 period and we urge the rest of the international
community to engage in this discussion at the earliest opportunity.”
To celebrate the Protocol’s
entry into force Commissioner Dimas will host a reception at
12.30 today. Invitees are the
ambassadors of the 140 ratification countries, Environment Minister
Lucien Lux of the Luxemburg Presidency, the president and members
of the European Parliament environment committee and representatives
of industry and non-governmental organisations active in the
climate change debate.
Background
The Kyoto Protocol is a protocol
to the 1992 United Nations Framework Convention on Climate
Change (UNFCCC), whose ultimate
objective is to stabilise global greenhouse gas emissions at
a level that would prevent dangerous human-induced interference
with the climate system. Under Kyoto, the EU-15 has committed
to reduce its overall emissions of the six greenhouse gases controlled
by the Protocol to 8% below the 1990 level by 2012. Each EU-15
Member State has an individual target set under a “burden-sharing” agreement.
The rest of the EU-25 has individual reduction targets of 6%
or 8%, except Cyprus and Malta which have no targets