LULUCF

It means “land use, land-use change and forestry”. The LULUCF activities eligible under the clean development mechanism are those that promote the removal of carbon dioxide from the atmosphere, i.e., afforestation and reforestation.

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Paris Agreement

Paris Agreement

The COP 21’s Paris Agreement brings all nations into a common cause to undertake ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. Its central aim is to strengthen the global response...

REDD+ Global Partnership

REDD+ Global Partnership

According to a document signed in Oslo (Norway) in May 2010, the REDD+ Global Partnership brings a set of voluntary actions to develop issues related to the REDD mechanism. These actions are parallel to those under the United Nations Framework Convention on Climate...

Carbon credits

Carbon credits

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...