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Kyoto Protocol to the United Nations Framework Convention on Climate Change
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reduction
[
Global Index
]
ARTICLE-2
[
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]
... 1. Each
Party
included
in Annex I, in achieving its quantified
emission
limitation
and
reduction
commitments
under
Article
3
, in
order
to
promote
sustainable development
, shall: ...
... (v) Progressive
reduction
or phasing out of
market imperfections
,
fiscal incentives
,
tax and duty exemptions
and
subsidies
in all
greenhouse gas
emitting
sectors
that run counter to the
objective
of the
Convention
and
application
of
market instruments
; ...
... (viii)
Limitation
and/or
reduction
of
methane
emissions
through
recovery
and use in
waste management
, as well as in the
production
,
transport
and
distribution
of
energy
; ...
... 2. The
Parties
included
in Annex I shall pursue
limitation
or
reduction
of
emissions
of
greenhouse gases
not controlled by the
Montreal Protocol
from
aviation
and
marine
bunker
fuels
,
working
through the
International Civil Aviation Organization
and the
International
Maritime
Organization
, respectively. ...
ARTICLE-3
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]
... 1. The
Parties
included
in Annex I shall, individually or
jointly
, ensure that their aggregate
anthropogenic
carbon dioxide
equivalent
emissions
of the
greenhouse gases
listed in Annex A do not exceed their assigned
amounts
,
calculated
pursuant to their quantified
emission
limitation
and
reduction
commitments
inscribed in Annex B and in
accordance
with the
provisions
of this
Article
, with a
view
to reducing their overall
emissions
of such
gases
by at least 5 per cent below 1990 levels in the
commitment
period
2008 to 2012. ...
... 7. In the first quantified
emission
limitation
and
reduction
commitment
period
, from 2008 to 2012, the assigned
amount
for each
Party
included
in Annex I shall be
equal
to the percentage inscribed for it in Annex B of its aggregate
anthropogenic
carbon dioxide
equivalent
emissions
of the
greenhouse gases
listed in Annex A in 1990, or the
base
year
or
period
determined
in
accordance
with paragraph 5 above, multiplied by five. Those
Parties
included
in Annex I for whom
land
-use
change
and
forestry
constituted a net
source
of
greenhouse gas emissions
in 1990 shall
include
in their 1990
emissions
base
year
or
period
the aggregate
anthropogenic
carbon dioxide
equivalent
emissions
by
sources
minus
removals
by
sinks
in 1990 from
land
-use
change
for the
purposes
of
calculating
their assigned
amount
. ...
... 10. Any
emission reduction units
, or any part of an assigned
amount
, which a
Party
acquires from another
Party
in
accordance
with the
provisions
of
Article
6
or of
Article
17
shall be
added
to the assigned
amount
for the acquiring
Party
. ...
... 11. Any
emission reduction units
, or any part of an assigned
amount
, which a
Party
transfers
to another
Party
in
accordance
with the
provisions
of
Article
6
or of
Article
17
shall be subtracted from the assigned
amount
for the
transferring
Party
. ...
... 12. Any
certified emission reductions
which a
Party
acquires from another
Party
in
accordance
with the
provisions
of
Article
12
shall be
added
to the assigned
amount
for the acquiring
Party
. ...
ARTICLE-4
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]
... 1. Any
Parties
included
in Annex I that have reached an
agreement
to fulfil their
commitments
under
Article
3
jointly
, shall be deemed to have met those
commitments
provided that their total combined aggregate
anthropogenic
carbon dioxide
equivalent
emissions
of the
greenhouse gases
listed in Annex A do not exceed their assigned
amounts
calculated
pursuant to their quantified
emission
limitation
and
reduction
commitments
inscribed in Annex B and in
accordance
with the
provisions
of
Article
3
. The respective
emission
level allocated to each of the
Parties
to the
agreement
shall be set out in that
agreement
. ...
... 5. In the
event
of failure by the
Parties
to such an
agreement
to
achieve
their total combined level of
emission
reductions
, each
Party
to that
agreement
shall be
responsible
for its own level of
emissions
set out in the
agreement
. ...
... 6. If
Parties
acting
jointly
do so in the
framework
of, and together with, a
regional economic integration organization
which is itself a
Party
to this
Protocol
, each
member State
of that
regional economic integration organization
individually, and together with the
regional economic integration organization
acting in
accordance
with
Article
24
, shall, in the
event
of failure to
achieve
the total combined level of
emission
reductions
, be
responsible
for its level of
emissions
as notified in
accordance
with this
Article
. ...
ARTICLE-6
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]
... 1. For the
purpose
of
meeting
its
commitments
under
Article
3
, any
Party
included
in Annex I may
transfer
to, or acquire from, any other such
Party
emission reduction units
resulting from
projects
aimed at reducing
anthropogenic emissions
by
sources
or enhancing
anthropogenic
removals
by
sinks
of
greenhouse gases
in any
sector
of the
economy
, provided that: ...
... (b) Any such
project
provides a
reduction
in
emissions
by
sources
, or an enhancement of
removals
by
sinks
, that is additional to any that would otherwise occur; ...
... (c) It does not acquire any
emission reduction units
if it is not in
compliance
with its
obligations
under
Articles
5
and
7
; and ...
... (d) The
acquisition
of
emission reduction units
shall be supplemental to
domestic
actions
for the
purposes
of
meeting
commitments
under
Article
3
. ...
... 3. A
Party
included
in Annex I may
authorize
legal entities
to
participate
, under its
responsibility
, in
actions
leading to the
generation
,
transfer
or
acquisition
under this
Article
of
emission reduction units
. ...
... 4. If a
question
of
implementation
by a
Party
included
in Annex I of the
requirements
referred to in this
Article
is
identified
in
accordance
with the
relevant
provisions
of
Article
8
,
transfers
and
acquisitions
of
emission reduction units
may
continue
to be made after the
question
has been
identified
, provided that any such
units
may not be used by a
Party
to
meet
its
commitments
under
Article
3
until any issue of
compliance
is resolved. ...
ARTICLE-12
[
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]
... 2. The
purpose
of the clean
development mechanism
shall be to assist
Parties
not
included
in Annex I in achieving
sustainable development
and in contributing to the ultimate
objective
of the
Convention
, and to assist
Parties
included
in Annex I in achieving
compliance
with their quantified
emission
limitation
and
reduction
commitments
under
Article
3
. ...
... (a)
Parties
not
included
in Annex I will
benefit
from
project activities
resulting in
certified emission reductions
; and ...
... (b)
Parties
included
in Annex I may use the
certified emission reductions
accruing from such
project activities
to
contribute
to
compliance
with part of their quantified
emission
limitation
and
reduction
commitments
under
Article
3
, as
determined
by the
Conference of the Parties
serving as the
meeting
of the
Parties
to this
Protocol
. ...
... (b)
Parties
included
in Annex I may use the
certified emission reductions
accruing from such
project activities
to
contribute
to
compliance
with part of their quantified
emission
limitation
and
reduction
commitments
under
Article
3
, as
determined
by the
Conference of the Parties
serving as the
meeting
of the
Parties
to this
Protocol
. ...
... 5.
Emission
reductions
resulting from each
project activity
shall be
certified
by operational
entities
to be
designated
by the
Conference of the Parties
serving as the
meeting
of the
Parties
to this
Protocol
, on the basis of: ...
... (c)
Reductions
in
emissions
that are additional to any that would occur in the
absence
of the
certified project activity
. ...
... 9.
Participation
under the clean
development mechanism
,
including
in
activities
mentioned in paragraph 3(a) above and in the
acquisition
of
certified emission reductions
, may involve
private
and/or
public entities
, and is to be
subject
to whatever
guidance
may be provided by the
executive board
of the clean
development mechanism
. ...
... 10.
Certified emission reductions
obtained during the
period
from the
year
2000 up to the beginning of the first
commitment
period
can be used to assist in achieving
compliance
in the first
commitment
period
. ...
ARTICLE-17
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]
... The
Conference of the Parties
shall define the
relevant
principles
,
modalities
,
rules
and
guidelines
, in particular for
verification
,
reporting
and
accountability
for
emissions
trading. The
Parties
included
in Annex B may
participate
in
emissions
trading for the
purposes
of fulfilling their
commitments
under
Article
3
. Any such trading shall be supplemental to
domestic
actions
for the
purpose
of
meeting
quantified
emission
limitation
and
reduction
commitments
under that
Article
. ...
ARTICLE-Annex_B
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]
...
reduction
commitment
...
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