Negotiable credit in the international carbon market originated from clean development mechanism (CDM) projects.
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Executive Board
Executive Board
Article 12 of the Kyoto Protocol establishes an independent governing body – the Executive Board – to supervise the implementation and administration of the clean development mechanism (CDM). The Executive Board is the last point of contact for CDM participants,...
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...