Second commitment period

Refers to the 2012-2020 period, under the Kyoto Protocol.

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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...

Greenhouse effect

Greenhouse effect

It is the way that the Earth has to maintain a constant temperature conducive to life. It is a natural process that provides the necessary temperature for the establishment and sustenance of life on Earth and which is only possible through greenhouse gases. These...

The Stern Review

The Stern Review

Paper commissioned by the government of the United Kingdom on the effects on the global economy of climate change in the next 50 years. It was coordinated by World Bank economist, Sir Nicholas Stern, and published on October 30, 2006. One of the main conclusions of...