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.

Content up-to-date at time of publication

DEFINITION BY

The Carbonwise editorial team is formed of seasoned established industry writers and specialist journalists.

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
On 15th July the European Commission will present its proposals for overhauling the EU Emissions Trading System (EU ETS), the most significant regulatory event since
Explore how ‘standards’ establish thresholds and benchmarks that help to measure CO2 reductions, avoidances or removals achieved by carbon projects, produced in collaboration with Verra.
Nationally Determined Contributions: the national targets to reduce greenhouse gas emissions submitted by each country voluntarily under the Paris Agreement.

30 June 2026

HIGHLIGHT
Carbon Crunch: What to Expect from the Coming EU ETS Review

On 15th July the European Commission will present its proposals for overhauling the EU Emissions Trading System (EU ETS), the most significant regulatory event since the ‘Fit-for-55’ package was launched in...

25 June 2026

VIDEO
The Life Cycle of a Carbon Credit

Explore how ‘standards’ establish thresholds and benchmarks that help to measure CO2 reductions, avoidances or removals achieved by carbon projects, produced in collaboration with Verra.

11 June 2026

GLOSSARY
NDCs

Nationally Determined Contributions: the national targets to reduce greenhouse gas emissions submitted by each country voluntarily under the Paris Agreement.

Work with us

Partner with the Carbonwise team to produce innovative educational content on Carbon Markets

Work with us

Partner with the Carbonwise team to produce innovative educational content on Carbon Markets.

Sign up to our monthly newsletter for the latest content releases, events, training offers & more!​

Join the Carbonwise community