What are Annex I and Annex II countries?

What are Annex I and Annex II countries?

Annex I countries – industrialized countries and economies in transition. Annex II countries – developed countries which pay for costs of developing countries. Developing countries.

What are Annex 1 countries in Kyoto Protocol?

Russia, Ukraine, and the new EU-12 member states (the Kyoto Parties Annex I Economies-in-Transition, abbreviated “EIT”: Belarus, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Russia, Slovakia, Slovenia, and Ukraine) have a surplus of allowances, while many OECD countries have …

What is a non-Annex 1 country?

Non-Annex I countries are developing countries, under the Kyoto Protocol. Non-Annex I countries do not have legally binding emissions reductions targets.

What is an Annex B country?

Definition: Annex I and Annex B Countries/Parties are the signatory nations to the Kyoto Protocol that are subject to caps on their emissions of GHGs and committed to reduction targets–countries with developed economies. Annex B countries have their reduction targets formally stated.

Is Australia an Annex 1 country?

Updated inventories must be submitted annually by Annex I countries. These countries are Australia, all members of the European Union, Belarus, Iceland, Kazakhstan, Norway, Switzerland, and Ukraine.

How many Annex 1 countries were there?

43 Annex I Parties
Annex I countries There are 43 Annex I Parties including the European Union. These countries are classified as industrialized countries and economies in transition.

What are non Annex countries?

Non-Annex I Parties/Countries (or Non-Annex B countries)

• Definition. Parties, mostly developing nations, that have ratified or acceded to the United Nations Framework Convention on Climate Change and are not included in Annex I of the Kyoto Protocol.
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• Alternative definition.
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What does it mean to annex a nation?

annexation, a formal act whereby a state proclaims its sovereignty over territory hitherto outside its domain. Annexation based on the illegal use of force is condemned in the Charter of the United Nations.