The main aim of this conference was for countries to commit themselves to reduce greenhouse gases beyond the initial year 2000 targets. This conference agreed on a protocol to the FCCC, which became known as the Kyoto Protocol. This agreement basically said that developed countries as a group will reduce their greenhouse gas emissions from 1990 levels by at least five percent by 2008-2012. Each country has a target according to their circumstances. Australia signed the Kyoto Protocol on 29 April 1998, but has not yet ratified it.
Ratification involves formal agreement by a country's governing process.
In Australia's case, approval by both Federal Houses of Parliament is required. It will then be legally binding on these Parties.