Parties

Refer to the countries that are part of a convention. These can be individual countries or economic blocs, such as the European Union.

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Certified emission reduction (CER)

Negotiable credit in the international carbon market originated from clean development mechanism (CDM)...

Albedo

The proportions of solar radiation reflected by a surface or object, expressed in percentage. Snow-covered surfaces have high albedo level; ground (soil) albedo can be high or low; vegetation-covered surfaces and oceans have low albedo level. The Earth’s albedo...

Marrakesh Agreement

With 39 decisions, the Marrakesh Agreement compiles the principles, nature, scope, types, and procedures of the flexible mechanisms (CDM, Joint Implementation and Emissions Trading). It was in Africa, in the city of Marrakesh, during the seventh Conference of the...