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Topic Index of the UNFCCC COP-5 High Level Segment:
Kyoto mechanisms
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In considering the mechanisms under the Kyoto Protocol, many Parties said the use of mechanisms should be supplementary to domestic action. Other issues raised included the need to:

  • achieve real economic growth through the mechanisms:
  • adopt promptly the principles and modalities, rules and guidelines for the mechanisms
  • to decide on the differences in the nature, scope, purpose of and participation in the three mechanisms before making decisions on modalities, operational and methodological issues and institutional arrangements;
  • design the mechanisms cost effectively;
  • to ensure that developing countries participate meaning­fully;
  • to ensure that the mechanisms are not used to avoid commitments

In addition, the EU highlighted its proposal setting a ceiling on the use of the mechanisms, and urged the development of a revised negotiating text by COP-6.

Parties that addressed this issue were:

Alliance Of Small
Island States (AOSIS)

EU

G-77/China

Australia

Croatia

Cuba

Denmark

France

Greece

Haiti

India

Indonesia

Italy

Laos

Nepal

New Zealand

Portugal

Republic of Korea

Romania

Sudan

Switzerland

Tuvalu

Ukraine

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