Masonry Layout

Equity

An investment in exchange for ownership of a company entitled to the earnings of a …

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Emissions trading

A market-based approach to achieving emissions reduction objectives. It allows those reducing GHG emissions below …

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Direct access

A funding modality in which domestic entities can access funds to implement climate change programmes …

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Climate variability

Variations in the mean state and other statistics (such as standard deviations, the occurrence of …

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Climate change

Any change in climate over time, whether due to natural variability or because of human …

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Capitalization

Refers to the types of resources that the fund would collect. International, national, public and …

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Additionality

Reduction in emissions by sources or enhancement of removals by sinks that is additional to …

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Adaptation Fund

The Adaptation Fund was established by the Parties to the Kyoto Protocol of the UNFCCC …

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