United Nations Framework Convention on Climate Change or the Climate Change Convention

See UNFCCC.

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Externality

Externality

The fact of existing outside the perceiving subject. This economic phenomenon can be categorized as positive or negative when, in the price of the good placed on the market, the social gains and losses resulting from its production or consumption, respectively, are...

CDM Project Activities

CDM Project Activities

Activities that are part of a candidate CDM project and that provide a reduction in the emission of greenhouse gases or an increase in the removal of CO2. (see question 20 of the ABC of Changes)

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)...