Second commitment period

Fuels such as oil, natural gas, and mineral coal – fossilized plant residues – that are buried in the Earth's crust and reached their present state through chemical reactions over long periods of time. They are produced by the continuous decomposition of organic...

Reductions in greenhouse gas emissions tradable in the international carbon market, measured in avoided tons of carbon dioxide equivalent (tCO2e). Currently, there are two types of assets being traded on the market: (i) emission allowances allocated to an existing...

IPCC means Intergovernmental Panel on Climate Change. Established in 1988 by the United Nations Environment Program (UNEP) and the World Meteorological Organization (WMO), the Intergovernmental Panel on Climate Change (IPCC) issue, every five years, the results of...