A sectoral approach, agreement and mechanism (SAAM) for the mitigation of greenhouse gas emissions in Japan's iron and steel industry

This report outlines a sectoral approach, agreement and mechanism (SAAM) for the mitigation of greenhouse gas emissions in Japan's iron and steel sector.

It does so by first summarizing the stakeholder needs and desires that were taken into account to determine the practical and political suitability of various approaches. The SAAM aims to support the development and implementation of breakthrough technologies and CCS as quickly as possible. The report reviews how technology may develop and the financial impacts that a SAAM would have on the Japanese iron and steel sector. A detailed description of the SAAM is then set out, and the interrelationships with other strategies to mitigate climate change explored. The report concludes with how the SAAM could be moved towards implementation.