- The second commitment period of the Kyoto Protocol was adopted in 2012 and is set to expire in 2020.
- So far, 75 countries have ratified the Second Commitment Period.
- India has also ratified it recently
What is the significance of this ratification now?
- This decision is considered as token measure to put pressure on developed countries to deliver on climate change commitments.
- It further underlines India’s leadership among the countries committed to global cause of environmental protection and climate justice.
- India’s ratification of the Kyoto Protocol will encourage other developing countries also to undertake this exercise.
- It will attract some investments in implementation of Clean Development Mechanism (CDM) projects under this commitment period in accordance with Sustainable Development priorities.