MOP

Following the entry into force of the Kyoto Protocol in 2005, the Conference of the Parties of the UN Climate Change Convention started operating as the meeting of parties (MOP) of the protocol. This body meets in a similar manner to the Conferences of the Parties and its functions are similar.

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Externality

The fact of existing outside the perceiving subject. This economic phenomenon can be categorized as positive or negative when, in the price of the good placed on the market, the social gains and losses resulting from its production or consumption, respectively, are...

Annex I parties or Annex I countries

The Annex I to the Climate Change Convention is composed of parties to the convention and the industrialized countries of the former Soviet Union and Eastern Europe. The division between Annex I parties and non-Annex I parties separates the countries according to...

CDM Project Activities

Activities that are part of a candidate CDM project and that provide a reduction in the emission of greenhouse gases or an increase in the removal of CO2. (see question 20 of the ABC of Changes)