Parties

Refer to the countries that are part of a convention. These can be individual countries or economic blocs, such as the European Union.

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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...

Deforestation

Deforestation

It is the clearing of forests from the ground. It should be noted that forests are a significant sink for carbon dioxide.

Climate change

Climate change

Changes that are directly or indirectly attributed to human activity and alter the composition of the world's atmosphere and that is added to that caused by the natural climatic variability observed over comparable periods.