Baseline

The baseline of a project is the scenario that represents the level of anthropogenic emissions/removals of CO2 equivalent that would occur in the absence of the proposed project activity. It serves as a basis for both verification of additionality and quantification of certified emissions eeductions (CERs) arising from clean development mechanism (CDM) project activities.

The certified emissions reductions will be calculated precisely by the difference between baseline emissions and emissions verified as a result of CDM project activities, including leakage. The baseline is qualified and quantified based on a business-as-usual scenario.

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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.

Governance

Governance

Within the working context of the Amazon Environmental Research Institute (IPAM), governance can be defined as the exercise of economic, political, and administrative authority to manage a country or region at all levels to ensure the effectiveness of processes and...

Carbon market

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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)...