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(Bloomberg) — There are activity and ambiance ministers from about 200 countries at the COP25 altitude affair in Madrid this week, and they allotment one accepted language: the abracadabra of carbon diplomacy.

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This argot mixes United Nations agreement of art with abstruse autograph captivated from the activity industry. The aftereffect is amid the best circuitous lexicons in use by any all-embracing academy — a cant that hardly existed two decades ago.

It allows added than 15,000 assembly at COP25 to adjure accomplished treaties and conduct minute deliberations on the mechanics of abuse credits.

For outsiders, akin those with an acute absorption in altitude change, there’s little that’s familiar. What follows is a adviser to a few of the most-used buzzwords.

Differentiation: This is one of the attempt of the 1992 assemblage that set up the UN altitude talks and one of the capital abrasion points. It holds that automated and developing nations shouldn’t accept the aforementioned obligations because the poorer countries aren’t as affluent and charge to focus assets on abating poverty.

CBDR: Common but differentiated responsibilities. This diction from the aboriginal altitude accord embeds the assumption of adverse in the talks. The U.S. and Europe are afraid that China and India adumbrate abaft CBDR to absolute the activity they charge booty adjoin all-around warming. The developing nations appetite to strengthen CBDR in all genitalia of the discussion. To them, it’s alone fair to let them adore what richer countries accept congenital up.

Loss and Damage: A apparatus envoys are talking about that would atone developing nations for costs they acquire from climate-related events. Those ability accommodate accommodate acute weather, ascent sea levels and continued periods of drought. Developing countries see it as essential. Automated nations anguish they’re actuality asked to address a bare analysis for aid payments.

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Mitigation and adaptation: Two of the capital goals of these talks. Mitigation is any accomplishment to cut or anticipate emissions from hitting the atmosphere. Adaptation is about about arresting with altitude change, such as architecture walls to arrest ascent seas and authoritative cities added airy in the face of acute weather.

Just Transition:  New this year. Pressure groups are afraid that the abstraction changes appropriate to carve deposit ammunition emissions don’t hit the poorest. They appetite to see a alteration that helps those afflicted adjust. The accent seems to be on allowance poor nations, not necessarily atramentous miners in affluent countries.

NDC:  Nationally Determined Contributions. These are the pledges set out by alone countries to cut aback on greenhouse gases. The aboriginal chat emphasizes that it’s alone countries that adjudge the akin of charge for acid greenhouse gases and not a super-national body.

SDG: The UN acceptable development goals. They’re added appearance aggregate in the altitude talks. Agreed in 2015, these 17 targets aggregate from abating abjection and ache to charwoman up baptize and ensuring gender equity. Altitude is alone a allotment of them.

SDM:  Acceptable Development Mechanism. This is the capital apparatus meant to appear from the Madrid talks, a way to approach aid to projects that accommodated the UN SDMs. The aboriginal chat in the name suggests this is abundant broader than antecedent measures that focused on climate.

Article 6: This area of the 2015 Paris Agreement that that countries should be able to use bazaar mechanisms to accommodated emissions pledges. That suggests if one country makes added reductions than it has promised, it can alteration those accumulation to addition nation. That ability beggarly all-around carbon markets. Or it could be a added bound mechanisms that mainly to approach aid for projects that advice poor nations cut emissions.

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CDM : The Clean Development Mechanism. This aboriginal anatomy of carbon allowance emerged from the Kyoto Protocol in 1997. It led to added than 8,000 projects and fed added than $138 billion into into blurred greenhouse gas emissions in developing nations. There’s added than 2 billion CDM credits, anniversary apery 1 ton of carbon dioxide emissions. They ailing in amount at added than 21 euros ($23) anniversary in 2008. Then they plunged to about 17 cents afterwards the European Union abdicate accepting them for acquiescence in its Emissions Trading System. Reviving the CDM is one afraid point in Madrid.

UNFCCC: The UN Framework Assemblage on Altitude Change, a 1992 accord that accustomed the anniversary talks on all-around warming. It’s generally referred to as “the Convention.” The U.S. beneath President George H.W. Bush was the aboriginal automated country to accredit it. Beneath that deal, 196 countries accustomed all-around abating was apparently happening, that affluent countries acquired the botheration and should extend accounts and technology to developing nations to fix it.

COP25: The 25th Conference of the Parties to the Framework Assemblage on Altitude Change. This is the acquisition that is accident in Madrid from Dec. 2-13. It’s appetite is to busy on antecedent deals, abnormally the Paris Agreement.

Paris Agreement: The 2015 accord area all nations beneath the Assemblage apprenticed to abate fossil-fuel emissions and assignment against attached temperature increases to able-bodied beneath 2 degrees Celsius (3.6 degrees Fahrenheit). The addition of this accord is that all nations affluent and poor akin agreed to accomplish reductions and to bear added aggressive pledges over time.

Kyoto Protocol: A 1997 accord that alleged on 37 automated nations additional the European Union to cut emissions on boilerplate 5% from 1990 levels by 2012. No obligations were placed on developing countries, which beneath the Assemblage didn’t accommodate China or India.

G77: A group of about 135 developing countries including China. They accommodate as a affiliation to get advantage over automated nations. The accompaniment of Palestine is the armchair of the accumulation in 2019.

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AOSIS: The Alliance of Small Island States, a accumulation of 39 countries and bristles eyewitness nations that has an outsized articulation at the UN talks. Key associates accommodate Maldives, Bahamas, Nauru, Papua New Guinea and the Marshall Islands, all places that may be ashore by ascent sea levels. Belize has the armchair this year and is calling for affluent nations to alpha putting their easily in their pockets to pay for the accident that comes with altitude change.

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To acquaintance the authors of this story: Reed Landberg in London at [email protected] Hodges in London at [email protected]

To acquaintance the editor amenable for this story: Aaron Rutkoff at [email protected]

For added accessories like this, amuse appointment us at bloomberg.com

©2019 Bloomberg L.P.

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