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The Kyoto Protocol was negotiated in Kyoto, Japan, in December 1997. It was opened for signature on March 16, 1998, and closed a year later. Under terms of the agreement, the Kyoto Protocol would not take effect until 90 days after it was ratified by at least 55 countries involved in the UNFCCC. Another condition was that ratifying countries had to represent at least 55 percent of the worldâs total carbon dioxide emissions for 1990.
According to the treaty, in 2012, Annex I Parties who have ratified the treaty must have fulfilled their obligations of greenhouse gas emissions limitations established for the Kyoto Protocol's first commitment period (2008â2012).