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
Forex Option & Currency Trading Options
Odd Lotter
Electronic Data Gathering, Analysis and Retrieval - EDGAR
Overtrading
Assay
POPULAR ARTICLE
SEE FOREX TUTORIAL
Introduction to Inflation
A Guide to Your Personal Income Tax: Common Filing Mistakes
A Guide to Becoming a Finance Expert
Buying a Home: Determining the Amount You Can Afford
A Primer on Retirement Planning
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Sep | |
| 08:00 | Wholesale Price Index | Aug | |
| 10:00 | Trade Balance | Jul | |
| 11:00 | Consumer Price Index | Aug | |
| 11:00 | Consumer Price Index Core | Aug | |
| 11:00 | Member of the Executive Board of the ECB Benoit Coeure Speaks | ||
| 12:00 | Bundesbank Monthly Report | ||
| 12:15 | ECB’s Peter Praet Speaks | ||
| 14:30 | Foreign Securities Purchases | Jul |
