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 Executive Board will accredit and coordinate them can be found in items 20 to 27 of the Marrakesh Agreement.

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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)...

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.

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...