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"The Wall Street Journal": Kyoto protocol is discussed in the Republic of South Africa.

World

Durban hosts the 17th Conference of the Parties (COP) to the Kyoto Protocol. The United Nations top climate change official wants countries to agree on ways to cut global emissions about twice as fast as promised, then deliver on the promise.

An underlying challenge is finding agreement on whether to extend the Kyoto Protocol or replace it. The session will bring some 40,000 visitors, including heads of state, to a city basking in the afterglow of the 2010 World Cup.

COP is the governing body of the United Nations Framework Convention on Climate Change (UNFCCC), the parent of the Kyoto Protocol. In a UN news release of Mar 1, UNFCCC Executive Secretary Christiana Figueres described the agreements made at COP 16 in Cancun in Dec 2010 as the most comprehensive package ever decided by governments to help developing nations deal with climate change. They include a long-term global agreement to keep average global temperatures below two degrees Celsius compared to pre-industrial levels, she noted, but added that the figure falls short of what's needed.

The Kyoto Treaty, the first legally binding treaty to cut greenhouse gases blamed for warming the planet, expires in Dec 2012.

A Reuters report on 28 Mar notes that uncertainty has been growing over the future of the treaty. Most governments, including those of developing nations, support the extension. Japan, Russia and Canada won't agree to an extension. They want a new treaty that targets all major emitters. The United States never signed the protocol, and is unlikely to sign it under its present Republican administration.

The conference will be held in the Inkosi Albert Luthuli International Convention Centre as well as the Durban Exhibition Centre - the biggest convention centre in South Africa.

The UNFCCC or FCCC is an international treaty arising from the UN's conference on Environment and Development. The treaty aims to stabilize greenhouse gas emissions to minimize their impact on the earth's climate.

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Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra“Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.” Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of Understanding Ameriabank’s Corporate Loan Portfolio Surpasses AMD 1 TrillionArman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos) 200 Scholarships for the Best Students. Ameriabank Announces a Contest for the Second Year in a RowPayments Directly from Bank Accounts: Ameriabank joins ArcaQRAmeriabank Joins FinTech Armenia Association as a Founding MemberAmeriabank at the Armenian Auto Show: Special Offers Exclusively for Expo VisitorsI trust that you will always remain a true friend of Armenia. Arman Vardanyan held a meeting with the Ambassador of the Islamic Republic of IranThanks to Barerar.am, more than 50 families’ lives were transformed in just one yearAmeriabank presents the First Digital Business Cards in Armenia Ameriabank Leads Mortgage Market with More Than 22% Share “Puma” Uzbekistan at the center of scandalUC Berkeley, Stanford, Visa Innovation Center and Much More: a Unique Opportunity for 10 Students from ArmeniaAmeriabank Joins UATE, Marking a Groundbreaking Partnership between the Financial and Technological SectorsAmeriabank Receives Euromoney Award for Excellence 2025 as the Best Bank in ArmeniaOnline Payments via ApplePay Now Available for vPOS Clients of Ameriabank The calculations of the United States and Israel turned out to be wrong. Armen AyvazyanAmeriabank's MyInvest Platform Gains Direct Access to AMXTrader Trading SystemInterview with Petr Pirunčík. Ambassador of the Czech Republic to Armenia (video) Watch Euromedia 24 TV’s 24-hour broadcast on Ucom channel 289 and OVIO (Rostelecom) channel 46. Ameriabank joins TOON EXPO to be held first time in Moscow Armenia to Host HIF Yerevan 2025 International Investment ForumIntellect, accuracy and luxury in one environment. Seven Visions Resort & Places, The Dvin will present the world's first Ai-Concierge service Mikael Vardanyan provided 3 neonatal emergency vehicles and the medical equipment amounting 118 million AMD to the Muratsan hospital complex.Musical fountains in the Yerevan 2800th Anniversary Park“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More MyAmeria Star - Ameriabank presents a bank card and app for kids and teensThe Barerar.am website and app changed many lives in 6 months Three Armenian Entrepreneurs Featured in Forbes’ March Issue Ameriabank Announces the Winners of “My Armenia, My Future” Student ContestAmeriabank named Armenia’s Best Investment Bank for 2025 by Global FinanceAmeriabank secures €105 million loan from EIB Global to boost small and medium-sized businesses in Armenia Ameriabank Raises $200 Million from IFC, Marking the Largest Transaction by IFC ever with a Financial Institution in ArmeniaRedefining Luxury with AI Innovation: Exclusive Interview with Mr. Aghvan Avagyan, CEO of Seven Visions Resort & Places, The DvinAmeriabank Launches EventHub.am: a Streamlined and User-Friendly Ticketing Solution4 border villages of Tavush have been gasified and in 3 villages drinking water supply system has been installed thanks to financing of 120 million drams from benefactor Mikayel VardanyanAmeriabank named the Bank of the Year 2024 in Armenia by The Banker MagazineAmeriabank Named Armenia’s Best Bank for Real Estate by EuromoneyThanks to Karen Vardanyan's support of 119 million, two military sports colleges have been furnished with modern sports equipment and busesBusinessman and benefactor Mikayel Vardanyan was awarded the title of Honorary citizen of Masis communityRay Brown Jr. Yerevan More than 70 percent of referendum participants supported construction of nuclear power plant in KazakhstanSeparate meeting of Foreign Ministers of Armenia and Azerbaijan is not planned: Armenia's Foreign MinistryRussia and Ukraine continue to strike each other's territoriesArmenia MFA spox: Peace treaty with Azerbaijan will gain higher legal force than any internal law after it’s signed A new concept for passwords: Why random character sets are no longer considered good passwordsThere is no territorial claim against any country in text of Armenia's Constitution: Spokesperson of Foreign Ministry counters accusations coming from Baku
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