An agreement between a government authority and one or more private parties to achieve environmental objectives or to improve environmental performance beyond compliance to regulated obligations. Not all voluntary agreements are truly voluntary; some include rewards and/or penalties associated with joining or achieving commitments.
Compensatory measure made by an individual or company for carbon emissions, usually through sponsoring activities or projects which increase carbon dioxide absorption, such as tree planting.
Emissions of greenhouse gases, greenhouse gas precursors, and aerosols associated with human activities, including the burning of fossil fuels, deforestation, land-use changes, livestock, fertilisation, etc.
Low carbon economy
The low carbon economy is a concept or idea that seeks maximum production and competitiveness in the economy through the efficient use of resources, having as a result an association to low GHG emissions to the atmosphere.
Sustainalbe Forest Management
The stewardship and use of forests and forest lands in a way, and at a rate, that maintains their biodiversity, productivity, regeneration capacity, vitality and their potential to fulfil, now and in the future, relevant ecological, economic and social functions, at local, national, and global levels, and that does not cause damage to other ecosystems”. (Helsinki, 1993).
The total set of greenhouse gas emissions (direct or indirect) caused by an individual, event, organization or product.
LIDAR (Light Detection and Ranging o Laser Imaging Detection and Ranging)
Lidar (also called LIDAR, LiDAR, and LADAR) is a surveying method that measures distance to a target by illuminating that target with a laser light. The name lidar, sometimes considered an acronym of Light Detection And Ranging (sometimes Light Imaging, Detection, And Ranging), was originally a portmanteau of light and radar.
Technological change and substitution that reduce resource inputs and emissions per unit of output. Although several social, economic and technological policies would produce an emission reduction, with respect to Climate Change, mitigation means implementing policies to reduce greenhouse gas emissions and enhance sinks.
EU Emissions Trading System (EU ETS)/ Non regulated EU ETS)
Market instrument which pursues, through incentives or disincentives, that a set of industrial plants collectively reduce emissions of Greenhouse Gases into the atmosphere, created by the European Union. Thus, the no regulated EU ETS sectors are those that are not covered by this regulation and therefore their involvement in mechanisms to combat climate change are voluntary.
Corporate Social Responsibility (CSR)
The European Commission has previously defined Corporate Social Responsibility (CSR) as “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis”.
Land use, land-use change and forestry (LULUCF) is defined by the United Nations Climate Change Secretariat as “A greenhouse gas inventory sector that covers emissions and removals of greenhouse gases resulting from direct human-induced land use, land-use change and forestry activities.
The addition of a substance of concern to a reservoir. The uptake of carbon containing substances, in particular carbon dioxide, is often called (carbon) sequestration.
Any process, activity or mechanism which removes a greenhouse gas, an aerosol or a precursor of a greenhouse gas or aerosol from the atmosphere. In this context, we refer as sink to the forest carbon stocks: above and below ground biomass, carbon organic in soils, litter and dead wood.
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