OEO Ontology

Overview / Open Energy Ontology / Class - effort sharing
Label: effort sharing

Definition:
Effort sharing is a regulatory instrument that sets a common emission reduction goal for a number of countries. Each country has a national reduction goal. Under- or overachievement of that goal can be compensated by various flexibilities given in the regulation.

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Definition:
A regulatory instrument is a policy instrument that stipulates rules made by a government (=institution) to control the way something is done.