The period under the Kyoto Protocol during which Annex I Parties' GHG emissions, averaged over the period, must stay within their emission targets or QELRC s. The first commitment period covers 2008-2012. The Protocol stipulates that consideration of targets for the second commitment period should start by 2005.
Period of time for which a loan commitment will be valid.
The period during which a loan approval is valid.
A range of years within which Parties to the Kyoto Protocol are required to meet their greenhouse gas emissions target, which is averaged over the years of the commitment period. The first commitment period is 2008-2012. The targets are set relative to greenhouse gas emissions in the year 1990, multiplied by 5.
The period under the Kyoto Protocol during which Annex I Parties' GHG emissions, averaged over the period, must be within their emission targets. The first commitment period runs from January 1, 2008 to December 31, 2012.
