Mitigation commitments or actions
7. Annex I Parties collectively, whether or not they are Parties to the Kyoto Protocol, must reduce their emissions by at least 45 per cent below 1990 levels by 2020 and by more than 95 per cent below their 1990 levels by 2050.
8. To enhance the implementation of the mitigation commitments under Article 4.2(a) and (b) of the Convention, all developed country Parties [shall][should], individually or jointly, adopt legally binding nationally appropriate mitigation commitments or actions, [including][expressed as] economy-wide quantified emission limitation and reduction objectives [for [up to and beyond 2012] the period from [1990][2013] [XXXX] until [2017] [2020] [XXXX],] as inscribed in Annex X, while ensuring comparability of efforts among them [taking into account][based on] their [historical responsibility] and [national circumstances]. Such commitments or actions [shall] [should] be measurable, reportable and verifiable.
9. [The Parties included in Annex I] [Developed countries, including all Annex I Parties and countries that voluntarily want to take on binding quantified emission limitation or reduction commitments] [Annex I Parties to the Convention that are not Parties to the Kyoto Protocol] shall,individually or jointly, ensure that their aggregate anthropogenic carbon dioxide equivalent emissions of the greenhouse gases [listed in Annex Y] do not exceed their assigned amounts for the period from 2013 until [2017][2020], calculated pursuant to their quantified emission reduction commitments inscribed in Annex Z and in accordance with relevant provisions of [this instrument], with a view to reducing their overall emissions of such gases [by at least [40] [45]] [in the order of 30] per cent below 1990 levels by 2020 [and by at least [90][95] per cent by 2050].
10. Annex I Parties that are not Parties to the Kyoto Protocol shall ensure that aggregate anthropogenic carbon dioxide equivalent emissions do not exceed their assigned amounts, calculated to reflect the full extent of their emissions debt, taking into account:
(a) The responsibility of Annex I Parties, individually and jointly, for current atmospheric concentrations of greenhouse gases;
(b) The historical and current per-capita emissions originating in developed countries;
(c) Technological, financial and institutional capacities;
(d) The share of global emissions required by developing countries in order to meet their social and economic development needs.
11. Developed country Parties which have not taken commitments prescribed in Article 3 of the Kyoto Protocol, and other Parties who voluntarily elect to do so, shall, individually or jointly, undertake verifiable, nationally appropriate mitigation commitments or actions in the form of quantified emission limitation and reduction commitments. Parties that undertake such actions or commitments shall ensure that their aggregate anthropogenic carbon dioxide equivalent emissions of greenhouse gases do not exceed their agreed targets inscribed in Annex (see below) for the assessment period 20132017.
Proposal for an Annex in the context of this addition:
| Annex 1 | |
| Party | Quantified emission limitation or reduction commitment or action for assessment period 2013 -2017 compared with 1990 base year |
