Renewable energy

It is the energy derived from sources that do not use exhaustible fuels (for example, water – hydroelectric power, wind – wind energy, Sun – solar energy, tides, and geothermal sources). Some combustible materials, such as biomass, can also be considered renewable. Usually, renewable energy generation (with the exception of geothermal and hydroelectric) does not emit greenhouse gases.

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Avoided deforestation

Avoided deforestation

It is the reduction in deforestation rate of an area, so that the resulting deforestation rate is lower than in a non-intervention scenario to decrease the forest conversion process.

Externality

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...