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 the multiplication of tons of greenhouse gases (GHG) emitted by their global warming potential. For example, the global warming potential of methane gas is 21 times greater than the carbon dioxide (CO₂)potential. So we say that the CO₂ equivalent of methane equals 21.

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Designated operational entity (DOE)

These are national or international entities accredited by the Executive Board – and designated by COP/MOP, which will ratify or not the Board’s accreditation to act within the cycle of CDM projects. The responsibilities of DOEs and the manner in which the...

The Stern Review

Paper commissioned by the government of the United Kingdom on the effects on the global economy of climate change in the next 50 years. It was coordinated by World Bank economist, Sir Nicholas Stern, and published on October 30, 2006. One of the main conclusions of...

Externality

The fact of existing outside the perceiving subject. This economic phenomenon can be categorized as positive or negative when, in the price of the good placed on the market, the social gains and losses resulting from its production or consumption, respectively, are...