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Glossary
Cadastre of GHG emissions

database of the inventory and monitoring of GHG emissions, reflecting the dynamics of GHG emissions from a historical perspective.

Carbon market
set of relations that arise between individuals and legal entities, as well as states associated with the transfer, assignment, sale, mortgage, and other actions in point of GHG emissions’ rights.
Certified emission reductions (CER)
unit equal to 1 metric tonne of CO2 equivalent. CERs are issued for emission reductions from CDM project activities. Two special types of CERs called temporary certified emission reduction (tCERs) and long-term certified emission reductions (lCERs) are issued for emission removals from afforestation and reforestation CDM projects.
Clean Development Mechanism (CDM)
mechanism provided by Article 12 of the Kyoto Protocol, designed to assist developing countries in achieving sustainable development by permitting industrialized countries to finance projects for reducing GHG emission in developing countries and receive credit for doing so.
Commitment period
time period for which the accepted and defined obligations. The first commitment period is the period of 2008-2012. Negotiations on commitments for the second period are underway until now.
Conference of Parties (COP)
Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC).
Corporate system of GHG emissions trading
trading system for the GHG emissions’ rights that operates within a corporate level, providing economic incentives work to reduce GHG emissions.
Crediting period
fixed and agreed period during which it is possible to obtain emissions reductions as a result of a JI project.