KYOTO PROTOCOL
An international treaty among industrialized countries that committed to reduce its carbon dioxide emissions and presence of greenhouse gases. Countries came up with this agreement on the occasion of the United Nations Conference on Climate Change in Kyoto, Japan in 1997. They are commissioned with a maximum level of carbon emission and may take part in carbon credit trading. Nations who violate the agreement will be subject to a penalty by lowering its emission limit in the following period.
The protocol divides the countries into two groups: Annex I (developed nations) and Non-Annex II (developing countries). The emission limit is only placed to nations under Annex I. But Non-Annex I group members can participate by putting investment in projects that lower emission level in their nations.
POPULAR TERMS
Syndicate
Foreign-Exchange Risk
Outright Futures Position
Annual
Demand Note
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Filing
Ethical Investing: Leaving an Ethical Imprint
Ethical Investing: Niche Investment Style
Options Transaction Via Day Trading
Principles of Trading: Well Known Trading Instruments
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Wholesale Price Index | Aug | |
| 10:00 | Quarterly Unemployment Rate | 2 quarter | |
| 20:00 | Federal Budget Balance | Aug | |
| 02:00 | RBA Assistant Governor Luci Ellis Speaks | ||
| 03:30 | House Price Index | 2 quarter | |
| 03:30 | NAB Business Confidence | Aug | |
| 04:45 | RBA Governor Philip Lowe Speaks | ||
| 06:30 | Industrial Production | Jul | |
| 08:00 | Claimant Count Change | Aug |
