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A Brief History Of The UNFCCC...CLIMATE CHANGE is considered one of the most serious threats to sustainable development, with adverse impacts expected on human health, food security, economic activity, natural resources, physical infrastructure and the environment. Global climate varies naturally, but scientists agree that rising concentrations of anthropogenically produced greenhouse gases in the Earths atmosphere are leading to changes in the climate. According to the Intergovernmental Panel on Climate Change (IPCC), the effects of climate change have already been observed, and scientific findings indicate that precautionary and prompt action is necessary. The international political response to climate change began with the adoption of the UNFCCC in 1992. The UNFCCC sets out a frame-work for action aimed at stabilising atmospheric concentrations of greenhouse gases in order to avoid "dangerous anthropogenic interference" with the climate system. Controlled gases include methane, nitrous oxide and, in particular, carbon dioxide. The UNFCCC entered into force on 21 March 1994, and now has 189 Parties. Malaysia is a Party to the UNFCCC and rectified it in July 1994. The Parties to the UNFCCC typically convene once a year in a Conference of the Parties (COP), and twice a year in meetings of the UNFCCC's subsidiary bodies. ... And The Kyoto Protocol In December 1997, delegates met at COP-3 in Kyoto, Japan, and agreed to a Protocol to the UNFCCC that commits developed countries and countries making the transition to a market economy (EITs) to achieve quantified emissions reduction targets. These countries, known under the UNFCCC as Annex I Parties, agreed to reduce their overall emissions of six greenhouse gases by an average of 5.2% below 199o levels between 2008 and 2012 (the first commitment period), with specific targets varying from country to country. The Protocol also establishes three flexible mechanisms to assist Annex I Parties in meeting their national targets cost-effectively: an emissions trading system; joint implementation (JI) of emission reduction projects between Annex I Parties; and the Clean Development Mechanism (CDM), which allows for projects to be implemented in non-Annex I Parties. Following COP-3, Parties initiated negotiations on most of the rules and operational details determining how countries will reduce emissions, and measure and assess emissions reductions. To date, 132 Parties have ratified the Protocol, including 37 Annex I Parties, representing 61.6% of 1990 Annex I greenhouse gas emissions, meeting the requirements for entry into force of the Protocol, which will take place on 16 February 2005. During COP-10, Pakistan, Egypt, Nigeria, Oman, Indonesia, Lichtenstein and Ukraine also announced their recent or imminent ratifications. Malaysia became a signatory to the Protocol in March 1999 and rectified it in September 2002. |
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