Climate change is an increasing and detrimental problem that is currently being faced globally. Today, to address this problem, numerous solutions have been made and large sums of money have been advocated by concerned countries and organizations. Greenhouse gas emissions (GHG emissions) is one of the major contributors to the problem. Industrial countries have already started to approach the problem-at-hand through negotiations on decreasing the emissions of these gases.
In 1979, the first international meeting on climate change took place after a sequence of disastrous climatic occurrences throughout the course of the 1960s and 1970s that indicated the fragility of the Earth. One of these events was the depletion of the stratospheric ozone that led the United States of America (U.S.A) to take the first initiative in the environmental policy field. However, it was still highly questioned whether climate change and global warming should be a major political priority amongst other political challenges. Europeans, especially Great Britain and France, were not convinced that U.S.A. was driven with environmental concerns, but rather with economic concerns. Dragged by the U.S.A.’s leadership, the European Union (EU) acted laggard in relation to the stratospheric ozone depletion diplomacy. But over the past decade, the EU has showed visible improvement in its position in international climate
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This international meeting is linked to the United Nations Framework Convention on Climate Change (UNFCCC), which Parties are committed to set an international binding act to reduce greenhouse gas emissions. The Kyoto Protocol specifically recognizes developed countries as the principal reason for the high GHG emissions in the atmosphere as the effect of more than 150 years of industrial projects and activities, thus giving them a more substantial weight to reduce