MOSCOW. (Viktor Danilov-Danilyan for RIA...

It embodies humankind's pragmatism, and is aimed at reducing the negative anthropogenic influence on the biosphere and the climate.

Preparations for its implementation will be completed this year, and monitoring of compliance with KP commitments will start in 2008. All industrialized countries have pledged themselves to reduce emissions by 5% on 1990 levels, and they will certainly do this. Europe, Canada, and Japan have launched large-scale preparations for the KP's implementation.

Russia was slow to act, but now we have made some progress in preparing a list of emissions sources and a register of emissions reductions. The Ministry of Economic Development and Trade has focused on this problem, and, I believe, will adopt appropriate standards, enact delegated legislation, and streamline the entire inventory system.

It will not be difficult for Russia to abide by its commitments; it has amassed a huge reserve of emissions credits because of an economic

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