Criteria established by Article 12 of the Kyoto Protocol, to which the projects developed through the Clean Development Mechanism are subject. Under this criterion, an activity must prove to result in the reduction of greenhouse gases emissions or the increase of CO2 removals in addition to what would occur in the absence of a project activity. This criterion aims to assess whether the activity provides a real, measurable, and long-term reduction for climate change mitigation.
Carbon market
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)...