MOP

Following the entry into force of the Kyoto Protocol in 2005, the Conference of the Parties of the UN Climate Change Convention started operating as the meeting of parties (MOP) of the protocol. This body meets in a similar manner to the Conferences of the Parties and its functions are similar.

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Rio-92 or ECO-92

The United Nations Conference on Environment and Development, also known as Earth Summit, held in June of 1992, in Rio de Janeiro, bringing together more than 180 countries. It was at Rio-92 that the United Nations Framework Convention on Climate Change (UNFCCC)...

Annex I

See Annex I countries.

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...