Leakage or escape

It corresponds to the increase of greenhouse gas emissions that occur outside the limit of the clean development mechanism (CDM) project activity and which, at the same time, is measurable and attributable to the project activity. The leakage is deducted from the total amount of carbon credits earned by the CDM project activity. Thus, all possible negative impacts, in terms of greenhouse gas emissions, are considered.

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MOP

Following the entry into force of the Kyoto Protocol in 2005, the Conference of the Parties of the UN Climate Change Convention started operating as the meeting of parties (MOP) of the protocol. This body meets in a similar manner to the Conferences of the Parties...

Fossil fuels

Fuels such as oil, natural gas, and mineral coal – fossilized plant residues – that are buried in the Earth's crust and reached their present state through chemical reactions over long periods of time. They are produced by the continuous decomposition of organic...

Executive Board

Article 12 of the Kyoto Protocol establishes an independent governing body – the Executive Board – to supervise the implementation and administration of the clean development mechanism (CDM). The Executive Board is the last point of contact for CDM participants,...