Second commitment period

The carbon market has existed since before the entry into force of the Kyoto Protocol, when it was possible to observe, in the international market, a growing demand for greenhouse gas (GHG) emissions reductions, so that the ton avoided of equivalent carbon (tCO2e)...

It is a land area of at least ​​0.05-1.0 hectare with tree crown cover (or equivalent level of stock) with more than 10-30% of trees having the potential to reach the minimum height of 2-5 meters in in situ maturity. A forest may consist of closed forest...

Conference of the Parties, countries who are signatories to the UN Climate Change Convention. With the entry into force of the Climate Change Convention in 1994, representatives of the signatory countries started to meet annually at the Conferences of the Parties...