| Abstract |
The sectoral approach is a mechanism to organize “action by key product producers in a specific industry sector and their host governments to address the greenhouse gas emissions from their products and processes” (WBCSD, 2009). This research analyzes the concept of a sectoral “no-lose” target under which tradable emission reduction units would be issued for emission reductions beyond the agreed sector baseline. However, no penalty would apply in case the country failed to meet the target (therefore called “no-lose” target).The process intends to strengthen government and national ownership over public sector policy and enhance the coherence among policy, spending and results (European Commission, 2007). It is also a recognized mechanism that works in conjunction with other policies and processes as elements of a comprehensive post-2012 climate framework.This research intends to explore possible design options for a sectoral approach in the cement sector in Shandong Province and to consider its respective advantages and disadvantages for future application. |
