The notion of sectoral approaches – in which developing and emerging economies are incentivized to undertake efforts to reduce greenhouse gas emissions intensity or growth in key industrial sectors, potentially with assistance from developed countries – play an important role in the debate...

Global impact assessment of unilateral climate policies is commonly based on multi-sector, multi-region computable general equilibrium (CGE) models that are calibrated to consistent accounts of production, consumption, and bilateral trade flows. However, global economic databases such as GTAP...