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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CO2 equivalent (CO2e)
CO2 equivalent (CO2e)
It is a metric measure used to compare emissions of various greenhouse gases based on the global warming potential of each one of them, defined in decision 2/COP 3 or as subsequently revised in accordance with Article 5. Carbon dioxide equivalent is the result of...
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...