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The first Vienna Initiative "was based on voluntary commitment by banks," said Otilia Simkova, an analyst at the consulting firm Eurasia Group in London.
This view assumes that an employment contract is normally based on voluntary commitment from both sides that face pressure from market competition and seek to optimize their gains.
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The committee argues that "The strength of the Durban Platform - unlike the Kyoto Protocol - is that it is based on voluntary commitments".
If not, well-intentioned freight companies willing to improve their urban operations will be discouraged from doing so and the very purpose of freight consultations, which is to promote more efficient and sustainable urban supply chains based on voluntary commitments, will be lost.
Ameren expects a one-time fourth-quarter charge of $30 million to $50 million based on voluntary retirements of 300 to 500 employees.
The database is based on voluntary monitoring by governments.
Trading at the Chicago Climate Exchange, a market based on voluntary compliance, is set to begin in June.
"The PRRT system, based on voluntary compliance and self-reporting [by gas companies], operates with limited transparency and inadequate oversight.
When based on voluntary participation, the sample of participating units can be biased.
Are they based on voluntary or involuntary membership in the group?
Household recycling is, to a large extent, based on voluntary efforts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com