Significant potential exists to accelerate the climate transition by advancing sectoral approaches and institutions in international climate governance. To achieve the Paris Agreement objectives and quicken the urgently needed for decarbonisation of our societies and economies, the simultaneous transformation of a wide range of interdependent sectoral systems is required.
Each of these systems faces very specific transformation challenges and potentials for international governance. This calls for advancing tailor-made sectoral approaches to reinforce global climate governance, in the context of the further development of both the Paris Agreement and the system of intergovernmental institutions and transnational arrangements, including the increasing number of multistakeholder initiatives.
More encompassing sectoral governance can enable a much-needed strengthening of countries’ “nationally determined contributions” (NDCs) on the way to a speedy decarbonisation.