What do you mean by carbon bank?

Question

What do you mean by carbon bank?

Answer 1

Carbon is the recognised generic term used to describe all greenhouse gas emissions from activities such as burning oil, gas and coal for electricity generation, heating, manufacturing processes and transport. The main human contribution to climate change is the emission of ‘greenhouse gases’ such as carbon dioxide (CO2) and methane into the Earth’s atmosphere. Carbon is reported in tonnes of Carbon Dioxide equivalent (CO2e)

Answer 2

"Carbon Bank" is a term used to describe the international effort to reduce carbon gas emissions (Carbon dioxide, Methane, CFC's etc) which may contribute to global warming.  An industrialized nation may produce more than its share and a less developed nation may be provided incentives for not destroying its rain forests such as food aid and so on, since plant life, and especially the very rich plant life of the tropical rain forests removes carbon dioxide from the air by photosynthesis.