How effective is the Kyoto Protocol?
Given that it entered into force on 16 February 2005, it is perhaps too early to gauge the Protocol’s effectiveness. It could not enter into force until 55% of Parties to the UNFCCC accounting for at least 55% of the global CO2 emissions in 1990 had ratified the agreement, and this was finally achieved when Russia ratified in November 2004. This brought the number of ratifications to 141, representing 61% of global GHG emissions (as of February 2005). However, initial reports suggest that several countries are not on track to reach their targets. This, of course, highlights the omnipresent problem of international treaties and agreements: signatories do not always implement measures to fulfil their commitments on a timely basis, or at all. This is not simply a matter of rhetoric not being matched with reality; governments must contend with domestic pressure from commercial interests, lobby groups, and of course, the electorate. The International Energy Agency found that, between 1990 a