Second commitment period

Refers to the 2012-2020 period, under the Kyoto Protocol.

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Forestation

Forestation

It is the conversion, directly induced by the humans, of land that has not been forested – for a period of at least 50 years – into forested land through planting, sowing, and/or human-induced promotion of natural sources of seeds. This definition is used for...

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...