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 not included. Externality means a market failure, in the sense that the product put on the market does not have a price that contains all of the gains or losses resulting from its production.

Veja também

Governance

Within the working context of the Amazon Environmental Research Institute (IPAM), governance can be defined as the exercise of economic, political, and administrative authority to manage a country or region at all levels to ensure the effectiveness of processes and...

Parties

Refer to the countries that are part of a convention. These can be individual countries or economic blocs, such as the European Union.

Diffusion in the oceans

The process through which the atmosphere and water continuously exchange molecules of carbon dioxide. The diffusion of carbon dioxide into the oceans accounts for almost half of the carbon extracted from the atmosphere. The colder oceans absorb more CO2 than warmer...