Slide 8 of 61
The Kyoto protocol was drawn up to set specific targets for reductions in greenhouse gas concentrations in the global atmosphere. Emission restrictions were made for the rich countries of annexe 1 - the biggest Greenhouse gas producers and also the countries most able to do something about it. targets range from an 8% cut for the EU to an 10% increase for Iceland, depending on the individual country. Annexe 1 also includes several 'transition countries', like the Russian federation, whose economies still need some development and are allowed 'a certain degree of flexibility'.
Annexe 2 includes the developing nations. To become legally binding the protocol had to be ratified by at least 55 countries which between them accounted for at least 55 percent of the total 1990 GHG emissions of developed countries.
The broad areas covered in the Kyoto Protocol were...