What is a Low-Carbon Development Strategy?

Here is the MaxiMiseR project's definition of a Low-Carbon Development Strategy:

A Low Carbon Development Strategy is a country's plan for cutting its greenhouse gas emissions in accordance with the aim of keeping the global temperature rise this century well below 2 degrees and to drive efforts to limit the temperature increase even further to 1.5 degrees Celsius above pre-industrial levels while securing the well-being and prosperity of its citizens. It should set clear goals to at least 2050 and explain how they will be achieved. It should be based on the best scientific understanding and on a transparent process involving stakeholder participation.