Key Points:
Australia's commitment to KP2 sends a signal to
Australian business that Australia will continue to address climate
change and look to reduce emissions intensity.
The Doha Gateway includes a number of decisions, and at the
conclusion of the UNFCCC Conference in Doha, Australia made a
number of commitments. We discuss these and the implications that
flow from them below.
Second commitment period to the Kyoto
Protocol
Australia's commitment for the first period of the Kyoto
Protocol was 108% of the base year (1990) emissions. Australia,
together with 37 countries has signed up for a second commitment
period under the Kyoto Protocol (KP2), and,
as we foreshadowed before Doha, has committed to achieving
emissions reductions of 5% on 2000 levels. Australia also has
indicated that it would be prepared to increase the level of
commitment up to a 25% reduction in emissions compared with 2000
emissions levels if other countries increase their
