First commitment period

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

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Environmental services

Environmental services

A set of functions performed by nature, essential to human beings, such as water and gas regulation, climatic and of physical disturbances, water supply, erosion control and sediment retention, soil formation, nutrient cycling, pollination, and many others.

Biome

Biome

The word ‘biome’ – ‘bios’ (from Ancient Greek βίο, meaning ‘life’) and ‘ome’ (a variation of ōma, from Ancient Greek ωμα, meaning ‘mass’ or ‘group’) – was first used in 1943 by the American botanist Frederic Edward Clements, to define a biological unit or...

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)...