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
Toxic Waste
Third Party
Capital Loss Carryover
Employment Act of 1946
Compound Option
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Consolidating Private Loans
Digesting Financial Statements: Working Capital
An Introduction to the Basics of Economics
Do I Need to Move Out or Renovate My House?
Principles of Trading: Well Known Trading Instruments
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Feb | |
| 06:30 | Industrial Production | Dec | |
| 13:00 | Bundesbank Monthly Report | ||
| 15:30 | Foreign Securities Purchases | Dec | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 11:30 | Claimant Count Change | Jan | |
| 11:30 | Claimant Count Rate | Dec | |
| 11:30 | Average Earnings Index | Dec | |
| 12:00 | ZEW Economic Sentiment | Feb |
