PNMC

National Plan on Climate Change (Plano Nacional sobre Mudança do Clima, PNMC, in Portuguese) is the Brazilian official voluntary commitment with the UNFCCC to achieve greenhouse gases cut between 36.1% and 38.9% of the 2020 projected emissions.

It has established by the Brazilian Act 12,187. The Decree 7390/2010 describes the baseline in 3.236 GtCO2e, or a dropt to 1.168 GtCO2e and 1.259 GtCO2e emissions.

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See also

Carbon market

Carbon market

The carbon market has existed since before the entry into force of the Kyoto Protocol, when it was possible to observe, in the international market, a growing demand for greenhouse gas (GHG) emissions reductions, so that the ton avoided of equivalent carbon (tCO2e)...

The Stern Review

The Stern Review

Paper commissioned by the government of the United Kingdom on the effects on the global economy of climate change in the next 50 years. It was coordinated by World Bank economist, Sir Nicholas Stern, and published on October 30, 2006. One of the main conclusions of...