Negotiable credit in the international carbon market originated from clean development mechanism (CDM) projects.
First commitment period
First commitment period
Refers to the 2008-2012 period under the Kyoto Protocol.
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CO2 equivalent (CO2e)
CO2 equivalent (CO2e)
It is a metric measure used to compare emissions of various greenhouse gases based on the global warming potential of each one of them, defined in decision 2/COP 3 or as subsequently revised in accordance with Article 5. Carbon dioxide equivalent is the result of...
Carbon dioxide (CO2)
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...