First commitment period

Refers to the 2008-2012 period under the Kyoto Protocol.

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See also

Carbon market

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)...

Source

Source

Any process or activity that releases greenhouse gases, aerosols or a precursor of greenhouse gas into the atmosphere.

Marrakesh Agreement

Marrakesh Agreement

With 39 decisions, the Marrakesh Agreement compiles the principles, nature, scope, types, and procedures of the flexible mechanisms (CDM, Joint Implementation and Emissions Trading). It was in Africa, in the city of Marrakesh, during the seventh Conference of the...