It is the reduction in deforestation rate of an area, so that the resulting deforestation rate is lower than in a non-intervention scenario to decrease the forest conversion process.
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Paris Agreement
Paris Agreement
The COP 21’s Paris Agreement brings all nations into a common cause to undertake ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. Its central aim is to strengthen the global response...
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...