WebConnect

Glossary

• A
• B
• C
• D
• E
• F
• G
• H
• I
• J
• K
• L
• M
• N
• O
• P
• Q
• R
• S
• T
• U
• V
• W
• X
• Y
• Z
• Show all

Displaying 21 - 30 of 208 Terms

1 2 3 4 5 6 7 8

1. Annex I Countries

   Annex I is an Annex in the United Nations Framework Convention on Climate Change. The Annex I countries are those which committed themselves as a group to reducing their emissions of the six greenhouses gases by at least 5% below 1990 levels over the period between 2008 and 2012. Specific targets vary from country to country.

2. Annex II Countries

   The subset of Annex I/B countries that have an obligation to provide technology and financial assistance to help developing countries reduce emissions. The Annex II countries are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, the United Kingdom, and the United States of America.

3. Annex Z

   Annex Z of the Marrakesh Accords (COP7) defines the maximum amount of forest management credits each Annex I country can use to meet its Kyoto commitments.

4. Approved Consolidated Methodology (ACM)

   Large-scale methodology to calculate emission reductions for a project, approved for use by the Executive Board of the CDM. Consolidated from a number of approved methodologies (AMs).

5. Approved Methodology (AM)

   Methodology approved by the CDM Executive Board to calculate emission reductions for a CDM project that is not small-scale and not an A/R project (see below).

6. Asia-Pacific Partnership

   The Asia-Pacific climate pact is an international climate change agreement. Its initiators in 2005 were the United States and Australia, the only two industrialised nations not to have ratified the Kyoto treaty at that time (Australia since ratified in 2007). The group also includes China, India, Japan, South Korea and now Canada. APP rejects Kyoto-style emission reduction targets in favour of encouraging business to invest in clean fossil-fuel technology and renewable energy.

7. Assigned Amount (AA) and Assigned Amount Units (AAUs)

   The assigned amount is the total volume of greenhouse gases that each Annex B country is allowed to emit during the first commitment period (see explanation below) of the Kyoto Protocol. An Assigned Amount Unit (AAU) is a tradable unit of 1 tonne CO2e.

8. Auctioning

   Common term used for the sale of allowances, as opposed to allocating them for free.

9. Bali Action Plan

   The Bali Action Plan was adopted at a December 2007 conference in Bali, Indonesia by parties to the United Nations Framework Convention on Climate Change and the Kyoto Protocol. The plan "charts the course for a new negotiating process designed to tackle climate change", with the intention this be concluded at the COP15 meeting in Copenhagen.

10. Banking

    A maximum limit of 2.5% of a country's assigned amount (target) has been set for banking credits for future use in the next commitment period, for both Emission Reduction Units from Joint Implementation projects and Certified Emission Reductions from Clean Development Mechanism projects. Assigned Amount Units from emissions trading can be carried forward without restriction, whereas Removal Units assigned to removal of CO2 by sinks cannot be banked at all.

Displaying 21 - 30 of 208 Terms

1 2 3 4 5 6 7 8