TAX CREDIT

A direct reduction in taxes. For example, a $200 income tax credit will reduce someone’s income taxes by $200.

TAX IDENTIFICATION NUMBER

Number used to assess ownership and the corporate structure of any legal entities involved in a given project.

TAX SHIFTING

A process whereby taxes may be shifted into (1) lower values of land or other assets, (2) higher output prices, (3) lower rates of return, or (4) a combination of these directions.

TCFD

The TCFD, or Task Force on Climate-related Financial Disclosures, is an organization established by the Financial Stability Board (FSB) to develop a set of recommendations for voluntary climate-related financial disclosures. These recommendations are intended to help companies provide consistent and transparent information to investors, lenders, insurers, and other stakeholders about the financial risks and opportunities […]

tCO2e

Tonelada de dióxido de carbono equivalente (tCO2e): medida de conversão métrica de emissões ou remoções de todos os gases de efeito estufa em termos de equivalência de potencial de aquecimento global, expressos em dióxido de carbono e medidos conforme os relatórios do Painel Intergovernamental sobre Mudanças Climáticas (IPCC, na sigla em inglês).

TCP

Total carbon price

TECHNOLOGICAL CHANGE

Improvement in technology that allows for more output created by the same amount of inputs.

TECHNOLOGY TRANSFER

The exchange of knowledge, hardware and associated software, money and goods among stakeholders, which leads to the spread of technology for adaptation or mitigation. The term encompasses both diffusion of technologies and technological cooperation across and within countries.