FCCC/KP/CMP/2012/L.9 3
8.
Decides
also
that in order to ensure that an increase in ambition referred to in Article 3, paragraphs 1 ter and 1 quarter, is effective, the Party concerned shall either adjust the calculation of its assigned amount or cancel, upon the establishment of its assigned amount, a number of assigned amount units equivalent to the decrease in its quantified emission limitation and reduction commitment inscribed in the third column in Annex B as contained in annex I to this decision through transferring these units to a cancellation account established in its national registry for this purpose, and communicating such adjustment of the calculation or transfer to the secretariat; 9.
Requests
each Party with a quantified emission limitation and reduction commitment inscribed in the third column of Annex B as contained in annex I to this decision to submit to the secretariat, by 30 April 2014, information relating to its intention to increase the ambition of its commitment, including progress made towards achieving its quantified emission limitation and reduction commitment, the most recently updated projections for greenhouse gas emissions until the end of the second commitment period, and the potential for increasing ambition; 10.
Decides
further
that the information submitted by Parties included in Annex I in accordance with paragraph 9 above shall be considered by Parties at a high level ministerial round table to be held during the first sessional period in 2014, and
requests
the secretariat to prepare a report on the round table for consideration by the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its tenth session; 11.
Takes note
of the estimated budgetary implications of the activities to be undertaken by the secretariat pursuant to the provisions contained in paragraph 10 above and requests that the actions of the secretariat called for in in paragraph 10 above be undertaken subject to the availability of financial resources;
IV.
12.
Clarifies
that, for the second commitment period, starting from 1 January 2013, Parties not included in Annex I continue to be able to participate in ongoing project activities under Article 12 of the Kyoto Protocol and in any project activities to be registered after 31 December 2012 in accordance with the provisions of the annex to decision 3/CMP.1; 13.
Clarifies also
that for the purposes of the second commitment period, from 1 January 2013 onwards, a Party included in Annex I may continue to participate in ongoing project activities under Article 12 and in any project activities to be registered after 31 December 2012, but only a Party with a quantified emission limitation and reduction commitment inscribed in the third column of Annex B as contained in annex I to this decision shall be eligible to transfer and acquire certified emission reductions (CERs) in accordance with decision 3/CMP.1 and with paragraph 15 below; 14.
Decides
that a Party referred to in paragraphs 15 and 16 below shall be eligible to use CERs to contribute to compliance with part of its commitment under Article 3 of the Kyoto Protocol for the second commitment period upon the entry into force for that Party of the amendment contained in annex I to this decision and upon that Party meeting the requirements set out in paragraph 31 of the annex to decision 3/CMP.1; 15.
Decides
, with respect to joint implementation under Article 6 and emissions trading under Article 17 of the Kyoto Protocol, that: (a)
As of 1 January 2013, only a Party with a commitment inscribed in the third column of Annex B as contained in annex I to this decision whose eligibility has been established in accordance with the provisions of paragraph 3 of the annex to decision