Climate Change & Forestry |
A Glosssary of Climate Change & Forestry
|
|
You can always search for entries (regexp permitted). |
|
|
|
| All |
| There are 108 entries in the glossary. |
| Pages: «1 2 3 4 5 6 7 8 9 10 11 » |
| Carbon Tax | A tax placed on carbon emissions. It is similar to a BTU tax, except that the tax rate is based on the fuel’s carbon content. |
| | |
| Certified Emission Reductions, or CERs | A CER represents one tonne of CO2-equivalent green-house gas emissions reductions achieved through a Clean Development Mechanism project. It can be used to meet an Annex B Party’s emission commitment or as the unit of trade in greenhouse gas emissions trading systems. lCERs are long-term CERs issued for an afforestation or reforestation CDM project, that expire at the end of the crediting period for that project. tCERs are temporary CERs issued for an afforestation or reforestation CDM project, that expire at the end of the commitment period following the one in which they were issued. |
| | |
| Clean Development Mechanism, or CDM | Defined in Article 12 of the Kyoto Protocol, CDM projects undertaken in developing countries are intended to meet two objectives: (1) to address the sustainable development needs of the host country; and(2) to generate emissions credits that can be used to satisfy commitments of Annex 1 Parties and thus increase flexibility in where government Parties meet their reduction commitments. Projects that limit or reduce greenhouse gas emissions can earn the investor (governmentor industry) credits if approved by the CDM Executive Board. A share of the proceeds from the project activities (US $0.10 per CER for first 15,000 tonnes CO2eq; US$0.20 per CER there after) is used to cover administration costs, and 2 percent of the credits are assessed to create an adaptation fund to assist developing countries that are particularly vulnerable to the adverse effects from climate change to take action to adapt. |
| | |
| Climate Change (UNFCCC definition) | A change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability over comparable time periods. |
| | |
| Climate Convention | See ‘UN Framework Convention on Climate Change’, or UNFCCC. |
| | |
| Commitment Period | To allow Parties some flexibility in when they meet their GHG emissions reduction obligations under the Kyoto Protocol, the first emissions target applies to a 5-year period (2008–12), known as the first commitment period. Terms governing the the second and subsequent commitment periods are subject to future negotiation. Negotiations concerning the second period are now in progress. |
| | |
| Commitment Period Reserve | To prevent Annex B Parties from overselling allocations from their Assigned Amount. Annex B Parties are required to maintain a ‘commitment period reserve’ that is equal to the lower of 90 percent of their respective assigned amounts, or ‘100 percent of five times their most recently reviewed inventories’. |
| | |
| Conference of the Parties | The Conference of Parties to the UNFCCC also serves as the meeting of the Parties to the Kyoto Protocol(COP/MOP), the Protocol’s supreme body, but only Parties that have ratified or acceded to the Protocol may participate in deliberations and make decisions. |
| | |
| Conference of the Parties, or COP | The Conference of the Parties (to the UNFCCC) is the supreme body of the Convention, comprised of countries that have ratified or acceded to the UNFCCC. The first session of the COP (COP-1) was held in Berlin in 1995,and sessions have been held annually since then. |
| | |
| Decision | A formal agreement that (unlike a resolution) leads to binding actions. Ir becomes part of the agreed body of decisions that direct the work of the COP and UNFCCC Secretariat. Decisions enter into force immediately, are binding on all Parties and do not require further ratification, accession or acceptance by Parties. |
| | |
|
|
Glossary V2.0 |
