First commitment period

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

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Igarapé

Igarapé

An igarapé is an Amazon watercourse of first or third order, constituted by a long arm of river or channel. It exists in a small number in the Amazon basin, characterized by little depth and running almost inside the forest. Most igarapés have dark waters similar...

Marrakesh Agreement

Marrakesh Agreement

With 39 decisions, the Marrakesh Agreement compiles the principles, nature, scope, types, and procedures of the flexible mechanisms (CDM, Joint Implementation and Emissions Trading). It was in Africa, in the city of Marrakesh, during the seventh Conference of the...

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...