Carbon pools

A component of the climate system in which the so-called greenhouse gases –or a precursor of greenhouse gas – are stored.

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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,...

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...

Reforestation

Reforestation

It is the conversion, directly induced by humans, of unforested land into forested land through planting, sowing and/or human-induced promotion of natural seed sources, in an area that has been forested but converted into non-forested land. For the first commitment...