12. Developed countries shall adopt legally binding commitments, by means of the examination of commitments and activities that have to be measurable, reportable and verifiable (according to para. 1(b)(i) of the BAP) quantifying absolute emission reductions, focusing on those sectors, sources and gases that contribute most to total greenhouse gas emissions and facilitate the transition towards low carbon economies in order to achieve sustainable development.
13. Quantified emission [limitation and] reduction [objectives] [commitments] for developed country Parties shall be those inscribed in Annex B to the Kyoto Protocol as amended, and quantified emission [limitation and] reduction [objectives] [commitments] for those developed country Parties that are not Parties to the Kyoto Protocol shall be as contained in the annex to the current instrument. The commitments under the Kyoto Protocol [shall] be taken as a reference; commitments for those developed country Parties that are not Parties to the Kyoto Protocol [shall] [thus] be comparable [with][to the] commitments taken by developed country Parties under the Kyoto Protocol, including with regard to the base year used to express them.
14. Developed country Parties shall, individually or jointly, ensure that their aggregate anthropogenic CO2 emissions of the GHGs listed in ( ) do not exceed, in the commitment period 2013 to 20XX, their respective [assigned amounts] [mitigation target taking into account their historical responsibility would be inscribed in ( ).] [Annex B (see below) which are established in a manner ensuring comparability of efforts of each Party, taking into account national and sectoral aspects, in order to take the lead in combating climate change, with a view to contributing to the global efforts towards the peaking-out of the global emissions of greenhouse gases in the next ten to twenty years, and to ensuring a long-term pathway for each Party included in Annex I towards significant emission reduction].
Proposal for an Annex in the context of paragraph 14:
Annex B
| Party | Quantified emission limitation or reduction commitment in the commitment period 2013 -20xx | ||||
| Assigned amount(Gg-CO2e) | reduction rates from 1990(per cent) | reduction rates from 2000(per cent) | reduction rates from 2005(per cent) | reduction rates from 2007(per cent) | |
| A | XXX | XXX | XXX | XXX | XXX |
| B | XXX | XXX | XXX | XXX | XXX |
| |… | … | … | … | … | … |
15. Each Party should decide on a suitable commitment for itself, choosing whether to undertake quantified emission reduction and limitation commitments or nationally appropriate mitigation actions, and whether such commitments or actions will be undertaken voluntarily or in a legally binding context either internationally or domestically.
