TNPSC Current Affairs January 25 2017
The Central Government has given its approval to ratify the 2nd commitment period of Kyoto Protocol which commits countries to contain the Emission of Greenhouse Gases (GHGs).
The Cabinet Chaired by Prime Minister gave its nod to ratify the 2nd commitment period of the Kyoto Protocol which was adopted by countries in 2012 to containing the emission of Green House Gases and so far 75 countries have ratified the second commitment period.
The Ratification of Treaty will encourage other developing nations to undertake this exercise. This decision will further underlines India’s leadership in the comity of nations committed to global cause of environmental protection and climate justice.
UNFCC (The United Nations Framework convention on Climate Change) seeks to stabilize GHGs concentration in Atmosphere. Recognizing the developed countries are principal responsible for the high concentration of GHGs in Atmosphere.
The Kyoto Protocol places commitment on developed nations to undertake mitigation targets and to provide financial resources and transfer technologies to developing nations.
Developing countries like has not targets or mandatory mitigation obligation under Kyoto Protocol.
About Kyoto Protocol:
The Kyoto Protocol is the first International agreement between countries to mandate country by country reduction of six greenhouse gases in order to prevent global warming. Kyoto emerged from the UN Framework Convention on climate Change, which was signed by almost all nations on 1992 mega-meeting popularly known as Earth Summit to curb global Warming.
To put teeth into the pledge, a new treaty was finalized in Kyoto, Japan in 1997 for Green House Gas reduction after years of negotiations and entered into force on February 16 2005.
About Commitment Period:
The first commitment period was from 2008-2012.
The second commitment period adopted for the period 2013-2020 as per the amendments to Kyoto Protocol at Doha in 2012.