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 Parties (COP 7) that the Bonn Agreement was translated into formal decisions, triggering a package of operational rules for the Kyoto Protocol, giving rise, after some concessions made by all of the parties, to the Marrakesh Agreement. The main purpose of the agreement was to facilitate the immediate start of the Clean Development Mechanism (CDM), regulating the project certification procedure and its phases.
Fossil fuels
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...