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 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.

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First commitment period

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

CO2 equivalent (CO2e)

It is a metric measure used to compare emissions of various greenhouse gases based on the global warming potential of each one of them, defined in decision 2/COP 3 or as subsequently revised in accordance with Article 5. Carbon dioxide equivalent is the result of...

Designated National Authority

Clean Development Mechanism (CDM) projects require domestic monitoring by parties representing the government of the countries involved in the project. Such authority, known as Designated National Authority (DNA), is invested with great responsibility to approve...