Albedo

The proportions of solar radiation reflected by a surface or object, expressed in percentage. Snow-covered surfaces have high albedo level; ground (soil) albedo can be high or low; vegetation-covered surfaces and oceans have low albedo level. The Earth’s albedo varies mainly due to the different levels of clouds, snow, ice, vegetation, and changes in the earth’s surface.

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Protocol

A protocol is always linked to an existing convention but is a separate and additional agreement that must be signed and ratified by the "signatory" parties to the convention. Protocols strengthen a convention, usually by adding new and more detailed commitments.

Designated operational entity (DOE)

These are national or international entities accredited by the Executive Board – and designated by COP/MOP, which will ratify or not the Board’s accreditation to act within the cycle of CDM projects. The responsibilities of DOEs and the manner in which the...

Carbon market

The carbon market has existed since before the entry into force of the Kyoto Protocol, when it was possible to observe, in the international market, a growing demand for greenhouse gas (GHG) emissions reductions, so that the ton avoided of equivalent carbon (tCO2e)...