appendix b
Glossary
C
Certification
The process of validating and approving new materials for specific applications, ensuring compliance with strict performance, safety and quality standards.
D
Decarbonization
The process of reducing carbon dioxide (CO2) emissions and, more broadly, reducing the GHG emissions resulting from human activities.
E
Eco-design
An approach to product and service design that seeks to minimize environmental impacts throughout their life cycle, from the extraction of raw materials to their end-of-life. This approach incorporates environmental considerations from the earliest stages of design and continues throughout the product’s development.
Emissions
Refers to greenhouse gas (GHG) emissions that are released into the atmosphere by industry, transport, etc.
Environmental transparency
The accessibility of information regarding the product’s environmental impact.
p
Patient capital
Capital investments committed over an extended period of time for projects and
companies that require time to reach maturity and generate returns.
companies that require time to reach maturity and generate returns.
Public procurement
Contracts between public agencies (including governments, municipalities, and public establishments) and private companies for the purchase of goods, the performance of work, or the provision of services.
t
Traceability
The ability to track and record the progress of a product, material or process throughout its production and distribution chain, from its origins to its final destination. It provides information regarding the history, use and transformation of a given product.
Trade protectionism
Economic policies and measures designed to protect domestic industries from
foreign competition by limiting imports and promoting local products.
foreign competition by limiting imports and promoting local products.
