Sector-based approach to the post-2012 climate change policy architecture

Autor: Jake Schmidt, Ned Helme, Jin Lee, Mark Houdashelt
Rok vydání: 2008
Předmět:
Zdroj: Climate Policy. 8:494-515
ISSN: 1752-7457
1469-3062
DOI: 10.3763/cpol.2007.0321
Popis: A sectoral approach to GHG emissions reductions in developing countries is proposed as a key component of the post-2012 climate change mitigation framework. In this approach, the ten highest-emitting developing countries in the electricity and other major industrial sectors pledge to meet voluntary, ‘no-lose’ GHG emissions targets in these sectors. No penalties are incurred for failing to meet a target, but emissions reductions achieved beyond the target level earn emissions reduction credits (ERCs) that can be sold to industrialized nations. Participating developing countries establish initial ‘no-lose’ emissions targets, based upon their national circumstances, from sector-specific energyintensity benchmarks that have been developed by independent experts. Industrialized nations then offer incentives for the developing countries to adopt more stringent emissions targets through a ‘Technology Finance and Assistance Package’, which helps to overcome financial and other barriers to technology transfer and ...
Databáze: OpenAIRE