Glossary
| Term | Definition |
|---|---|
| Abatement |
Abatement - Reduction in the quantity or intensity of greenhouse gas (GHG) emissions |
| AC |
Alternating current (AC) - An electric current that reverses its direction at regularly recurring intervals |
| Accreditation Panel |
Accreditation Panel - Entity that prepares the decision-making of the CDM Executive Board in accordance with the procedure for accrediting operational entities. |
| Accredited Independent Entity (AIE) |
Accredited Independent Entities (AIEs) are independent auditors that assess whether a potential project meets all the eligibility requirements of the JI (determination) and whether the project has achieved greenhouse gas emission reductions (verification). |
| ACG |
ACG (Asia Carbon Global) - Asia Carbon was founded in February 2003 and positions itself as an organization that provides an integrated and seamless approach to the business of energy, environment and sustainable development, with a specific focus on the flexible market mechanisms of the Kyoto Protocol |
| Acid Rain |
Acid Rain - Also called acid precipitation or acid deposition, acid rain is precipitation containing harmful amounts of nitric and sulfuric acids formed primarily by sulfur dioxide and nitrogen oxides released into the atmosphere when fossil fuels are burned. It can be wet precipitation (rain, snow, or fog) or dry precipitation (absorbed gaseous and particulate matter, aerosol particles or dust). Acid rain has a pH below 5.6. Normal rain has a pH of about 5.6, which is slightly acidic. The term pH is a measure of acidity or alkalinity and ranges from 0 to 14. A pH measurement of 7 is regarded as neutral. Measurements below 7 indicate increased acidity, while those above indicate increased alkalinity. |
| ACX |
ACX (Australian Climate Exchange) - The aim of the ACX (Australian Climate Exchange) is to provide a trusted marketplace where business can buy emissions commodities with confidence in the quality and origin of the products being sold. Since Australia's recent ratification of the Kyoto Protocol ACX's focus has been on the international trading opportunities that this may open up and the mechanics of listing, trading and indeed transacting Clean Development Mechanism CERs & VERs on its Australian exchange. |
| Adaptation Fund |
Adaptation Fund - Fund established in January 2002 (COP7, Marrakech) to help developing countries meet the cost of adaptation to climate change. The Fund is financed mainly with a share of proceeds (SOP) from clean development mechanism (CDM) project activities, see Adaptation Levy. At COP-14 in Poznan, the Parties agreed that the GEF (Global Environment Facility) acts as AF Secretariat and the World Bank as ”interim” trustee in charge of CER sales. The Poznan decision gives the Adaptation Fund Board permanent legal basis as an independent legal body, enabling it to enter into contracts and directly take project proposals, without having to go through implementing agencies, and to start disbursing the funds. The decision means that adaptation money can begin to flow at some point in 2009. The Fund is financed with 2% of the Certified Emission Reduction (CERs) issued for projects of the Clean Development Mechanism (CDM) and with funds from other sources. (Source: www.adaptation-fund.org) |
| Adaptation Levy |
Adaptation Levy - Levy to assist least developed countries (LDCs) through the Adaptation Fund to adapt to climate change. The levy, 2% of the certified emission reductions from the project, is imposed on all CDM projects except those implemented in LDCs. Additionality principle The principle that a project should only be able to earn credits if the GHG emission reductions produced by the project are additional to what would have happened in the absence of the carbon credit component. |
| Additionality |
Additionality A project activity is additional if anthropogenic GHG emissions are lower than those that would have occurred in the absence of the project activity. |
| Additionality tool |
Additionality Tool - Guidelines elaborated by the CDM Executive Board to help assess whether a project is additional or not |
| Adjustment bid |
Adjustment Bid - A bid auction conducted by the independent system operator or power exchange to redirect supply or demand of electricity when congestion is anticipated |
| AFET |
AFET (Agricultural Futures Exchange of Thailand) - The Agricultural Futures Exchange of Thailand (AFET) is an independent juristic person established under the provisions of the Act to run the exclusive agricultural futures exchange in Thailand regulated by Agricultural Futures Trading Commission. |
| Afforestation |
Afforestation - Planting of new forests on lands that have not been recently forested. |
| AFV |
Alternative-fuel vehicle (AFV) - A vehicle designed to operate on an alternative fuel (e.g., compressed natural gas, methane blend, electricity). The vehicle could be either a dedicated vehicle designed to operate exclusively on alternative fuel or a nondedicated vehicle designed to operate on alternative fuel and/or a traditional fuel |
| Aggregator |
Aggregator - Any marketer, broker, public agency, city, county, or special district that combines the loads of multiple end-use customers in negotiating the purchase of electricity, the transmission of electricity, and other related services for these customers |
| AIE |
Accredited Independent Entity (AIE) - An entity accredited by the Joint Implementation Supervisory Committee, responsible for the determination of whether a project meets the relevant requirements of Article 6 of the Kyoto Protocol and the JI guidelines. Corresponds to DOE in the CDM context |
| Alternative Fuel |
Alternative Fuels - The term “alternative fuel” does not include alcohol or other blended portions of primarily petroleum-based fuels used as oxygenates or extenders, i.e. MTBE, ETBE, other ethers, and the 10-percent ethanol portion of gasohol. Alternative Fuels for transportation applications, include the following: |
| American Recovery and Reinvestment Act ( |
American Recovery and Reinvestment Act (ARRA) (2009) is also commonly referred to as the Stimulus or The Recovery Act, is an economic stimulus package enacted by the 111th United States Congress in February 2009. The Act followed other economic recovery legislation passed in the final year of the Bush presidency including the Economic Stimulus Act of 2008 and the Emergency Economic Stabilization Act of 2008 which created the Troubled Assets Relief Program (TARP). |
| AMI |
AMI - Advanced Metering Infrastructure is a term denoting electricity meters that measure and record usage data at a minimum, in hourly intervals, and provide usage data to both consumers and energy companies at least once daily. |
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