MOSCOW, November 28 (RIA Novosti) - Major G8-based energy companies will discuss the implementation of the Kyoto Protocol at a UN climate change conference in the Canadian city of Montreal, Russian utility giant United Energy System said in a press release Monday.
UES experts, led by the managing director of the company's energy carbon fund, Andrei Gorkov, will be representing Russia at the conference, to run November 28 through December 9.
This will be the first UN climate conference since the Kyoto Protocol, an international agreement setting targets for industrialized countries to cut their greenhouse gas emissions, came into force earlier this year. The protocol was agreed upon in 1997, based on principles set out in a climate change convention signed in 1992.
Much of the formal agenda at the Montreal conference will be devoted to issues relating to the protocol's compliance system, agreed upon as part of the Marrakesh Accords, the UES said.
Ways to achieve sustainable development of the energy industry and to minimize climate change will dominate the agenda of an e-7 conference on the Montreal forum's sidelines. E7 groups energy majors of the G8 member states, including Russia's UES, France's EDF, Italy's Enel, Germany's RWE, Canada's Hydro-Quebec and Ontario Power Generation, American Electric Power, Scottish Power, and Japan's TEPCO and KANSAI. As UES gained full member status in May, the organization is now to be renamed e8.
UES' energy carbon fund was set up in 2001 to implement projects aimed at cutting greenhouse emissions and attracting investment in the development of green energies in Russia.
