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
Home Inspection
Wholesale Insurance
Antitrust
UCCC
FHC
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Introduction
Student Loans: Repaying Debts Faster
Can You Afford the Renovation Cost?
Ethical Investing: Knowing Human Rights and Workers` Rights
Do I Need to Move Out or Renovate My House?
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Wholesale Price Index | Sep | |
| 11:00 | Industrial Production | Aug | |
| 14:10 | BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks | ||
| 23:45 | Visitor Arrivals | Aug | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 02:30 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 03:30 | CPI | Sep | |
| 03:30 | PPI | Sep | |
| 06:30 | Industrial Production | Aug |
