Key Facts
- Single -8% EU Kyoto Protocol target for greenhouse gas emissions
- Burden Sharing Agreement allocates target between Member States; UK target is -12.5%
- EU Emissions Trading Scheme is one of the key instruments to help achieve emission reductions across Europe, which started on 1st Jan 2005
- JI and CDM credits introduced through 'Linking Directive'.
The European Community signed the Kyoto Protocol on 29th April 1998. Under the Protocol, the 15 European states had been assigned a single emissions reduction target of 8% on average over 2008-2012 from 1990 baseline. A Burden Sharing Agreement was agreed, which is outlined below.
GHG reduction target under the European Burden Sharing Agreement (1990* - 2008/12)
|