ElaeisElaeis () is a genus of palms containing two species, called oil palms. They are used in commercial agriculture in the production of palm oil. The African oil palm E. guineensis (from Guinea) is the principal source of palm oil. It is native to west and southwest Africa, occurring between Angola and Gambia. The American oil palm E. oleifera () is native to tropical Central and South America, and is used locally for oil production. Mature palms are single-stemmed, and can grow well over tall.
Carbon offsets and creditsA carbon offset is a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere. A carbon credit or offset credit is a transferrable financial instrument (i.e. a derivative of an underlying commodity) certified by governments or independent certification bodies to represent an emission reduction that can then be bought or sold. Both offsets and credits are measured in tonnes of carbon dioxide-equivalent (CO2e).
Greenhouse gas emissions from wetlandsGreenhouse gas emissions from wetlands of concern consist primarily of methane and nitrous oxide emissions. Wetlands are the largest natural source of atmospheric methane in the world, and therefore remain a major area of concern with respect to climate change. They contribute approximately 167 Tg of methane to the atmosphere per year. Wetlands account for approximately 20 percent of atmospheric methane through emissions from soils and plants.
Forest productA forest product is any material derived from forestry for direct consumption or commercial use, such as lumber, paper, or fodder for livestock. Wood, by far the dominant product of forests, is used for many purposes, such as wood fuel (e.g. in form of firewood or charcoal) or the finished structural materials used for the construction of buildings, or as a raw material, in the form of wood pulp, that is used in the production of paper.
Greenhouse effectThe greenhouse effect occurs when greenhouse gases in a planet's atmosphere cause some of the heat radiated from the planet's surface to build up at the planet's surface. This process happens because stars emit shortwave radiation that passes through greenhouse gases, but planets emit longwave radiation that is partly absorbed by greenhouse gases. That difference reduces the rate at which a planet can cool off in response to being warmed by its host star.
Fossil fuel subsidiesFossil fuel subsidies are energy subsidies on fossil fuels. They may be tax breaks on consumption, such as a lower sales tax on natural gas for residential heating; or subsidies on production, such as tax breaks on exploration for oil. Or they may be free or cheap negative externalities; such as air pollution or climate change due to burning gasoline, diesel and jet fuel. Some fossil fuel subsidies are via electricity generation, such as subsidies for coal-fired power stations.
Fossil fuel phase-outFossil fuel phase-out is the gradual reduction of the use and production of fossil fuels to zero, to reduce deaths and illness from air pollution, limit climate change, and strengthen energy independence. It is part of the ongoing renewable energy transition. Although many countries are shutting down coal-fired power stations, electricity generation is not moving off coal fast enough to meet climate goals. Many countries have set dates to stop selling petrol and diesel cars and trucks, but a timetable to stop burning fossil gas has not yet been agreed.
Carbon cycleThe carbon cycle is that part of the biogeochemical cycle by which carbon is exchanged among the biosphere, pedosphere, geosphere, hydrosphere, and atmosphere of Earth. Other major biogeochemical cycles include the nitrogen cycle and the water cycle. Carbon is the main component of biological compounds as well as a major component of many minerals such as limestone. The carbon cycle comprises a sequence of events that are key to making Earth capable of sustaining life.
ForestA forest is an area of land dominated by trees. Hundreds of definitions of forest are used throughout the world, incorporating factors such as tree density, tree height, land use, legal standing, and ecological function. The United Nations' Food and Agriculture Organization (FAO) defines a forest as, "Land spanning more than 0.5 hectares with trees higher than 5 meters and a canopy cover of more than 10 percent, or trees able to reach these thresholds in situ. It does not include land that is predominantly under agricultural or urban use.
Intact forest landscapeAn intact forest landscape (IFL) is an unbroken natural landscape of a forest ecosystem and its habitat–plant community components, in an extant forest zone. An IFL is a natural environment with no signs of significant human activity or habitat fragmentation, and of sufficient size to contain, support, and maintain the complex of indigenous biodiversity of viable populations of a wide range of genera and species, and their ecological effects. IFLs are estimated to cover 23 percent of forest ecosystems (13.