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.
Paris Agreement
The COP 21’s Paris Agreement brings all nations into a common cause to undertake ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. Its central aim is to strengthen the global response...