LULUCF

It means “land use, land-use change and forestry”. The LULUCF activities eligible under the clean development mechanism are those that promote the removal of carbon dioxide from the atmosphere, i.e., afforestation and reforestation.

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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...

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 credits

Carbon credits

Reductions in greenhouse gas emissions tradable in the international carbon market, measured in avoided tons of carbon dioxide equivalent (tCO2e). Currently, there are two types of assets being traded on the market: (i) emission allowances allocated to an existing...