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On Nov. 10, 2001, delegates from 160 nations, meeting in Marrakesh, Morocco, agreed on ground rules to implement the Kyoto Protocol to the 1992 Climate Change Convention. The Marrakesh Accords are widely expected to pave the way for ratification of both the protocol and the convention itself by the required 55 nations representing 55 percent of the world’s greenhouse gas (GHG) emissions. As a result, a series of multi-tiered international obligations will be triggered for convention parties, including requirements that industrialized countries reduce their GHG emissions to 5.2 percent below 1990 levels by 2012 and provide significant funding to assist developing countries to curb GHGs while carrying out “sustainable development” programs.

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