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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 3. Implications of future climate regime architectures 145<br />

to reduce their emissions compared to 1990 levels. However, under such a<br />

stringent stabilization target - 450 ppmv CO2eq. – non-Annex I countries would<br />

have to even reduce emissions below 1990 levels in 2050. Only Africa, South<br />

Asia (mostly India) and East Asia would be allowed some increase – not much –<br />

in all the approaches considered.<br />

For such a stringent stabilization level, all non-Annex I regions would<br />

participate in the Multistage approach by 2020. The only exception is South<br />

Asia (mainly India) (their Multistage approach allowances would be equal to<br />

the baseline scenario), because of their low per capita emissions, India would<br />

participate later in time, but before 2050. None of the regions would receive<br />

excess of allowances (more allowances than their reference scenario) – as could<br />

be the case in the C&C approach, there is no space left under such a stringent<br />

stabilization level.<br />

For almost all the regions which are allowed an increase in emissions<br />

compared to their 1990 levels, the Multistage approach would be the approach<br />

to allocate more emission allowances. For the regions having to reduce<br />

emissions compared to their 1990 levels (such as the REEU in 2020; and REEU,<br />

LAM, ME and CPAsia in 2050), the Multistage approach would be the more<br />

demanding. Therefore, the Multistage approach is the most demanding for<br />

countries which are expected to be in a more developed stage (such as Annex I<br />

countries and the ones identified earlier); and therefore leaves the most space<br />

for the rest of the developing countries to grow, to increase by more their<br />

emissions.<br />

It has already been noticed before that the sectoral approach can not be<br />

directly compared to other approaches. Nevertheless, it seems that a sectoral<br />

approach would be even more permissive with non-Annex I regions and more<br />

demanding with Annex I regions, in general, than the Multistage approach.<br />

National circumstances are better taken into account in the sectoral approach.<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

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