Carbon dioxide (CO2)

Gas naturally present in the atmosphere, accounting for approximately 0.036% of all of the atmospheric gases, and also emitted from the burning of fossil fuels and biomass, land use changes, and other industrial processes. It is one of the main greenhouse gases and is used as a reference to the other ones.

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Certified emission reduction (CER)

Negotiable credit in the international carbon market originated from clean development mechanism (CDM) projects.

First commitment period

Refers to the 2008-2012 period under the Kyoto Protocol.

Greenhouse effect

It is the way that the Earth has to maintain a constant temperature conducive to life. It is a natural process that provides the necessary temperature for the establishment and sustenance of life on Earth and which is only possible through greenhouse gases. These...