Climate: The Financial Challenge

Page 250

Annexes

INDC: Intended Nationally Determined Contribution. National contribution to the fight against global warming. Document prepared voluntarily by the countries, before COP21, describing their objectives for the 2025-2030 horizon and published on the UNFCCC website. International Solar Alliance: a coalition launched at COP21 on the initiative of the Indian Prime Minister. It aims to federate the cooperation between developing and developed countries to attract investment and technologies in the solar energy sector. IPCC: Intergovernmental Panel on Climate Change. IRENA: International Renewable Energy Agency. This agency supplies products and studies to help the countries develop renewable energy. ITMO: Internationally Transferred Mitigation Outcome. This term was used in the Paris Agreement (art. 6) with reference to opening the possibility of implementing carbon credits. MRV: measuring, reporting and verification. A system of measuring, reporting and verification of carbon emissions, allowing climate policies to be managed on every scale: between States, as part of a programme, as a tool, in companies... OECD: Organisation for Economic Cooperation and Development. PBOC: People’s Bank of China, the central bank of the Republic of China. PPP: public-private partnerships. PRI: Principles for Responsible Investment.

249


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.