First commitment period

Refers to the 2008-2012 period under the Kyoto Protocol.

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Secondary Forests

Secondary Forests

What are they? Secondary forests, or recovering forests, are those that were previously deforested and have grown back. The area of secondary forests in the Amazon is estimated to be 850 million hectares. This figure corresponds to areas deforested between 1988 and...

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...