Design of the post-2012 climate regime: Sectoral approaches for greenhouse gas mitigation

In the international climate negotiations new market mechanisms are being discussed. Compared to the project based mechanisms such as Clean Development Mechanism (CDM), such new mechanisms would lead to a change in the role of emitters, investors and governments. The governments of developing and rapidly developing countries must take on a greater responsibility for the implementation of measures in their countries and ensure the actual reduction of greenhouse gasses being strived for.