• CCS

    Carbon Capture and Storage (CCS) What is it? CCS is the process of capturing waste/excess carbon dioxide from large point sources (such as fossil fuel power plants) and transporting it to sites where it can be stored in such a way that it cannot re-enter the atmosphere. Usually captured carbon dioxide is stored in underground read more…

  • CDM

    Clean Development Mechanism (CDM) The CDM is a mechanism that provides flexibility to the way in which countries achieve the binding obligations of the Kyoto Protocol. Its aim is two-fold: 1. The CDM helps non-Annex I (developing) countries achieve sustainable development while not accelerating climate change. 2. The CDM helps individuals, firms or Annex I read more…

  • COP

    Conference of the Parties (COP) What is it? The COP is the governing body of the UN Framework Convention on Climate Change. This body is made up of representatives from countries that have signed the Convention. These representatives meet periodically to make decisions that will implement the Convention’s aim. This aim is ultimately to prevent read more…

  • INDC

    INDC states for Intended Nationally Determined Contribution. It identifies the actions a national government intends to take under the Paris Agreement agreed in December 2015 at the 21st session of the Conference of the Parties (COP21). INDCs are, therefore, the basis of post-2020 global emissions reduction commitments included in the climate agreement. The acronym “INDC” was read more…

  • JI

    Joint Implementation (JI) The Joint Implementation (JI) is a mechanism that provides flexibility to the way in which countries achieve the binding obligations of the Kyoto Protocol. Its aim is two-fold: 1. The CDM helps non-Annex I (developing) countries achieve sustainable development while not accelerating climate change. 2. The CDM helps Annex I (industrialized and read more…

  • Loss and Damage (L&D)

    Loss and damage can be broadly referred to as the negative impacts of climate change materializing in vulnerable developing countries after mitigation and adaptation efforts have been undertaken. Despite being one of the hottest topics to have emerged within climate negotiations in recent years, no commonly agreed definition is available for the concept yet. The read more…

  • Market Stability Reserve (MSR)

    The Market Stability Reserve (MSR) is a mechanism proposed within a broader reform of the EU Emission Trading System. Carbon pricing is one of the key responses to the problem of excessive greenhouse gas emissions in the atmosphere. There are two main types of carbon pricing: carbon trading and carbon taxing. Since each has advantages read more…

  • NAMAs

    What are they? NAMAs consist in policies and actions that developing countries are required to adopt to reduce greenhouse gases. The term was developed through the 2007 United Nations Climate Change Conference and therefore adheres to the UNFCCC idea that countries have common, but differentiated responsibilities for reducing greenhouse gases. Effectively, NAMAs refers to any read more…