Annex I

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...

Subsidiary Body for Scientific and Technological Advice – a technical body of the Climate Change Convention.

Intergovernmental agreements, including protocols and amendments, are not legally valid until ratified by a certain number of countries. For the UNFCCC creation, it took 50 countries; as for ratifying the Kyoto Protocol, at least 55 countries were required...