Document Type

Article

Abstract

This paper describes the measures that have been and can be taken and the legal mechanisms by which successes have been achieved in reducing greenhouse gases. Examples are given of success stories from around the world, but these examples are just demonstrative. Many hundreds of programs have been pursued successfully around the world in both industrial and developing countries. What does emerge, however, is clear evidence that global warming can be effectively addressed and that many significant steps have been taken profitably in both the public and private sectors, offering significant business, export and job opportunities, and that much can be done by accessing internal resources. To meet the challenges of the Kyoto Protocols and the IPCC estimates of what needs to be done, however, much more extensive and resolute changes must be taken by both governments and corporations, with much greater financing of the upfront costs by them and by multilateral institutions.