BY 2004 AUTUMN WORLD BANK TO CALCULATE POSSIBLE EFFECTS OF RUSSIA'S JOINING KYOTO PROTOCOL
MOSCOW, JULY 23 (RIA Novosti) - By autumn 2004 the World Bank will supply its assessment of the effects of Russia's ratification of the Kyoto Protocol, World Bank director and permanent representative in the Russian Federation Kristalina Georgieva has said on Friday.
"We have a special study group for Russia. The assessment of effects of ratification of the Kyoto Protocol for Russia will be made somewhere in September", Georgieva said.
She specified that the World Bank is not studying the matter to give Russia recommendations to join the protocol.
"Of course, Russia is entitled to decide", she said.
In her opinion, its decision will depend on the calculation of boons and ill effects from joining.
As regards the World Bank's position on the protocol, Georgieva noted that the bank is sure that ozone-destroying emissions do tell on the climate. On the other hand, the World Bank believes that "the Kyoto Protocol is imperfect, though a step in the right direction".
The problem, in her view, is that that countries have failed to agree on an integrated method for assessing the pros and cons of the Kyoto Protocol.
