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 market

Carbon market

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)...

COP

COP

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...