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Climate Treaty

Climate Policy after the Bali Climate Summit

The year 2007 could go down in history as the year that made climate change the world's most important issue. Now, solutions are needed. In December, thousands of delegates gathered at the annual UN climate conference to discuss a new international climate treaty. Here are the key issues that have to be resolved by 2009.

Allianz Interview

Towards a Global Emissions Market

Despite some early market hitches, emissions trading is a good tool to combat global warming, says Allianz carbon trade expert Ingo Raming.

Related Articles

Picture Gallery

UN Climate Summit in Bali: Key Issues

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What We Do

Fresh Breeze: Insuring Wind Parks in Brazil

Allianz subsidiary AGF Brasil Seguros finds a windward place in Brazil’s renewable energy boom.

UN Climate Talks

Looking Ahead to Bali with Tempered Optimism

The Climate Group policy director Mark Kenber hopes the upcoming UN talks will pave the way to an international climate protection treaty.

Basic Facts

  • 172 countries have signed and ratified the Kyoto Protocol since 1997
  • The Kyoto Protocol expires in 2012; no follow-up treaty is in place yet
  • 36 Kyoto countries aim to cut emissions by at least 5 percent by 2012
  • Australia, Kazakhstan, and the USA have signed, but not ratified Kyoto
  • Developing countries are not required to reduce emissions under Kyoto

Quiz

Top CO2 Emitters

What country emits more carbon dioxide each year?

 

Backstory

The Kyoto Protocol

Ten years after the UN drafted the Kyoto Protocol, nations meet again in Bali to devise a new climate treaty. What has changed?