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) has become a world-traded type of commodity.

In general, the carbon market is divided into two segments:

(i) Kyoto, whose emissions reductions are classified as Kyoto Pre-Compliance, led by the European Union; and
(ii) Non-Kyoto, whose main actor is the United States.

Between these extremes, one can also identify markets that have the prospect of becoming integrated into the Kyoto market in the future, and those that do not have it, being motivated by other interests.

Veja também

Anthropogenic emissions

Emissions produced as a result of human action. For example, large amounts of carbon dioxide are being released into the atmosphere by activities such as the burning of fossil fuels, agriculture, cement making, and so on.

Carbon sinks

Any processes, activities or mechanisms, including biomass, and especially forests and oceans, which have the property of removing a greenhouse gas, aerosols or precursors of greenhouse gases from the...

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...