Annex I parties or Annex I countries

The Annex I to the Climate Change Convention is composed of parties to the convention and the industrialized countries of the former Soviet Union and Eastern Europe. The division between Annex I parties and non-Annex I parties separates the countries according to their responsibility for increasing the atmospheric concentration of greenhouse gases.

Annex I parties, basically developed countries, have emission limitation or reduction targets since the first commitment period of the Kyoto Protocol.

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Carbon credits

Carbon credits

Reductions in greenhouse gas emissions tradable in the international carbon market, measured in avoided tons of carbon dioxide equivalent (tCO2e). Currently, there are two types of assets being traded on the market: (i) emission allowances allocated to an existing...

Carbon stocks

Carbon stocks

They include carbon stored in vegetation (above and below ground), decaying matter in the soil, and wood products.