Negotiable credit in the international carbon market originated from clean development mechanism (CDM) projects.
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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.
The United Nations Conference on Environment and Development, also known as Earth Summit, held in June of 1992, in Rio de Janeiro, bringing together more than 180 countries. It was at Rio-92 that the United Nations Framework Convention on Climate Change (UNFCCC)...
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...