Efforts to develop sectoral approaches to reducing greenhouse gas emissions did not go well at Copenhagen, according to the chair of the working group on long-term cooperative action (AWG-LCAi). Many European companies have sectoral agreements as a way to shield them from carbon leakage risks. The Cement Sustainability Initiative (CSIi), a member-led programme of the World Business Council for Sustainability Development (WBSCD), warned back in November that sectoral approaches were still causing confusion. The WBSCD describes a sectoral approach as “not a one-size-fits-all recipe, but a blend of policies and actions organized around the location of production facilities and each sector’s (and region’s) unique characteristics".
The CSI’s briefing on a sectoral approach can be found here:
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