To avoid giving credits to projects that would have happened anyway, rules have been specified to ensure additionality of the project i.e. to ensure the project reduces emissions more than would have occurred in the absence of the project. A project is additional if its proponents can document that realistic alternative scenarios to the proposed […]
Additionality is a fundamental concept in carbon markets that determines whether a carbon offset project leads to emissions reductions or removals that are additional to what would have occurred without the project. This principle ensures that carbon credits represent genuine and verifiable reductions in greenhouse gas emissions. Key aspects of additionality include: 1. **Baseline Scenario**: […]
Additionality tests generally have two components that must be confirmed by the verification body: a legal requirement test and a performance standard test. The legal requirement test ensures that eligible projects (and/or the GHG reductions/removals they achieve) would not have occurred anyway in order to comply with federal, state or local regulations, or other legally […]
The attraction between molecules that causes matter to cling to or stick to other matter.
Para emitir um crédito de carbono, ao menos em teoria, não basta um projeto dizer que está reduzindo ou sequestrando carbono da atmosfera. Ele precisa provar que tem um efeito ‘adicional’, ou seja, que provoca um impacto que não existiria na ausência do incentivo dado pelo crédito de carbono. As metodologias das principais certificadoras exigem […]
Adjoint algorithmic differentiation is a mathematical technique used to significantly speed up the calculation of sensitivities of derivatives prices to underlying factors, called Greeks. It is widely used in the risk management of complex derivatives and valuation adjustments. Greeks have traditionally been calculated by making small adjustments to the values of the inputs in the […]
Refers to a judicial process whereby water rights are determined or decreed by a court of law.
A loan with rates and terms that can change based off market condition. There are set limits as to how much the rates can change.
An addition or subtraction to the sales price of a comparable property to account for an item or feature that the property has or doesn’t have in comparison to the subject property. Adjustments are used in appraisals and some BPOs to show how a similar property compares to the subject property monetarily.
The material (activated carbon) that is responsible for removing the undesirable substance in the adsorption process.
