Paris Agreement

An international treaty on climate change adopted by 196 governments at the COP21 summit in Paris in 2015 under the United Nations Framework Convention on Climate Change. Signatories agreed to reduce greenhouse gas emissions in order to limit the global average temperature increase to well below 2 degrees Celsius compared with pre-industrial levels, and to pursue a goal of 1.5 degrees C.

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LATEST GLOSSARY

Airbnb’s direct greenhouse gas (GHG) emissions come from its own offices, while indirect emissions come from the energy it consumes, and from upstream and downstream
Carbon Capture, Utilisation and Storage (CCUS) is a method of reducing carbon dioxide emissions by trapping the gas for industrial use or permanent storage, preventing
CO2 emissions from the industrial sectors led to a year-on-year drop in 2025 under the EU Emissions Trading System, according to verified European Commission figures
Refers to sectors in which greenhouse gas emissions are difficult to reduce. Includes industries such as iron and steel, cement, refining, chemicals, shipping, aviation and
A set of 10 principles put forward by the Integrity Council for the Voluntary Carbon Market (ICVCM) which define high-quality carbon credits, focused on aspects

22 May 2026

HIGHLIGHT
Construction slowdown a factor in lower EU ETS CO2 emissions in 2025: EC

CO2 emissions from the industrial sectors led to a year-on-year drop in 2025 under the EU Emissions Trading System, according to verified European Commission figures released in April.

19 May 2026

GLOSSARY
Hard-to-abate

Refers to sectors in which greenhouse gas emissions are difficult to reduce. Includes industries such as iron and steel, cement, refining, chemicals, shipping, aviation and heavy duty trucks.

12 May 2026

GLOSSARY
Core Carbon Principles

A set of 10 principles put forward by the Integrity Council for the Voluntary Carbon Market (ICVCM) which define high-quality carbon credits, focused on aspects such as governance, tracking, verifiability and additionality.

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