Marrakech Accords

The Marrakech Accords, agreed to at COP-7, finalize how the Kyoto Protocol should work, lay the groundwork for ratification by different countries and mark the conclusion of a process begun at COP-4 in Buenos Aires. 

As the NCCS was published before the Marrakech Accords and ETS Directive were agreed it contained no detailed provisions with respect to the use of flexible mechanisms. The lack of a defined policy in this area was a matter of concern to business interests who considered it essential for the Government to engage in international emission trading to remove the need for domestic action, pointing at the activities of the Dutch ERUPT and CERUPT programmes in particular. However, the Department of the Environment did not particularly favour such a... 

The Marrakech Accords only call upon domestic policies and measures to contribute significantly to a party s emission reduction effort they leave significant margins for flexible mechanism to make up for any remaining compliance gap. 

How this was to be achieved was decided at a later meeting in Marrakech in 2001, with details documented as the Marrakech Accords. Some nations have not signed the Kyoto Protocol, notably the USA which is one of the world s major producers of heat-trapping gases. The EU has a... 

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