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The Kyoto Protocol is a protocol to the International Framework Convention on Climate Change with the objective of reducing greenhouse gases that cause climate change. It was agreed on December 11, 1997. As of November 2007, 175 parties have ratified the protocol. Of these, 36 developed countries (plus the EU as a party in its own right) are required to reduce greenhouse gas emissions to the levels specified for each of them in the treaty. One hundred and thirty-seven (137) developing countries have ratified the protocol, including Brazil, China and India, but have no obligation beyond monitoring and reporting emissions. The United States has not ratified the treaty.

The Kyoto Protocol now covers more than 175 countries globally but only 60% of countries in terms of global greenhouse gas emissions. As of December 2007, the US and Kazakhstan are the only signatory nations not to have ratified the act.

Slightly fewer than half (17 of 38) of all industrialized countries have already met, or are close to meeting, their Kyoto targets. Countries with emissions significantly above their Kyoto targets include the U.S., Canada, Japan and New Zealand. Canada, Japan and New Zealand are the only countries in this group to have ratified the Kyoto Protocol yet emissions in each of those three countries are rising. Emissions in Canada have grown 30% above the Kyoto target. New Zealand’s emissions have risen 22% above Kyoto, and Japan’s are 20% above.