Jon M Queen DC And His Participation In The Assessment Of Kyoto Protocol
Due to the broad knowledge of Jon M Queen DC to the emissions trading, his expertise was sought after as one of the people who assess the Kyoto Protocol. During the Third Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), Kyoto Protocol was approved in the eleventh day of December, 1997. This is a binding obligation of developed countries to fight climate change by minimizing emissions. It also serves as an advance mechanism for innovative finance and technology in the renewable and energy sector. As a Board Member of Foundation for the Development of Environmental and Energy Markets (FDEEM) in Ukraine, Queen offers significant contribution for the evaluation of this Protocol and other alternative energy agreement.
Jon M Queen DC is well-versed to climate change and he is also a policy advisor with considerable experience in finance, law, corporate strategy and project development. It is the primary reason why his services is required in order to execute international carbon credit transactions and joint implementation projects between countries and corporations who follows specification under this protocol. He has helped worldwide communities immensely in battle against global warming by promoting the advancement of diminution of the overall greenhouse gas discharge for countries belonging to the Annex 1 or commonly known as Industrialized Nations and endorsing the mass progress for clean energy in the worldwide industrial operations. These countries signed and consent the Kyoto Protocol and agreed to cap their overall gas emissions to 5.2 % below 1990 levels starting in 2008 until 2012.
Kyoto Protocol defines three “flexibility mechanisms” that can be utilized by Annex 1 countries to fight climate change by meeting their specified gas emissions obligation and generate capital transfer and new technology opportunities: Clean Development Mechanism, Joint Implementation and International Emissions Trading
Jon M Queen Dc and many experts have the same opinion that climate change has reached its irretrievable point that is why Kyoto Protocol was adopted. It also supports the principle that industrialized countries must pay billions of dollars and furnish other countries with technologies that will be useful for the studies and research of climate change. There is also a mandate in this Protocol that developing countries have no obligation for the first commitment period to reduce emission. That is where the Clean Development Mechanism comes in; it was designed to set a boundary for the emissions in developing countries.