Parties

Refer to the countries that are part of a convention. These can be individual countries or economic blocs, such as the European Union.

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See also

Carbon credits

Carbon credits

Reductions in greenhouse gas emissions tradable in the international carbon market, measured in avoided tons of carbon dioxide equivalent (tCO2e). Currently, there are two types of assets being traded on the market: (i) emission allowances allocated to an existing...

Designated National Authority

Designated National Authority

Clean Development Mechanism (CDM) projects require domestic monitoring by parties representing the government of the countries involved in the project. Such authority, known as Designated National Authority (DNA), is invested with great responsibility to approve...

Deforestation

Deforestation

It is the clearing of forests from the ground. It should be noted that forests are a significant sink for carbon dioxide.