ICC discussion paper on sectoral approaches (2007)

The ICC recognizes and supports the promotion of voluntary approaches by business and industry. These are important tools to encourage cost-effective steps to minimize greenhouse gas emissions and other activities to address climate change risks, such as research or technological cooperation. In many cases, such approaches and agreements include companies in a sector.

The International Chamber of Commerce and its members stand ready to participate actively in the important international discussions that should lead to the development of cooperative, long-term approaches to address climate change in accordance with the UNFCCC. In this paper we discuss certain fundamental aspects that should be borne in mind regarding any sectoral agreement or approach in the context of climate policy development and implementation.