Leakage or escape

It corresponds to the increase of greenhouse gas emissions that occur outside the limit of the clean development mechanism (CDM) project activity and which, at the same time, is measurable and attributable to the project activity. The leakage is deducted from the total amount of carbon credits earned by the CDM project activity. Thus, all possible negative impacts, in terms of greenhouse gas emissions, are considered.

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The Stern Review

Paper commissioned by the government of the United Kingdom on the effects on the global economy of climate change in the next 50 years. It was coordinated by World Bank economist, Sir Nicholas Stern, and published on October 30, 2006. One of the main conclusions of...

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.

REDD+

It means REDD, with the inclusion of the role of conservation, sustainable forest management, and increasing forest carbon stocks in developing countries. It is the concept currently applied under the Climate...