IPCC means Intergovernmental Panel on Climate Change. Established in 1988 by the United Nations Environment Program (UNEP) and the World Meteorological Organization (WMO), the Intergovernmental Panel on Climate Change (IPCC) issue, every five years, the results of intensive research on the dynamics of the atmosphere, the implications for the biosphere, agricultural production, the stability of ecosystems on human lives, and their socio-economic consequences. Connected to the UN, it brings together scientists from all of the countries of the Climate Change Convention and is recognized as the world’s leading authority on climate issues.
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...