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.
Rio-92 or ECO-92
Rio-92 or ECO-92
The United Nations Conference on Environment and Development, also known as Earth Summit, held in June of 1992, in Rio de Janeiro, bringing together more than 180 countries. It was at Rio-92 that the United Nations Framework Convention on Climate Change (UNFCCC)...