Nicolai Baumert

Gästforskare

How trade policy can support the climate agenda

Författare

Michael Jakob
Stavros Afionis
Max Åhman
Angelo Antoci
Marlene Arens
Fernando Ascensão
Harro van Asselt
Nicolai Baumert
Simone Borghesi
Claire Brunel
Justin Caron
Aaron Cosbey
Susanne Droege
Alecia Evans
Gianluca Iannucci
Magnus Jiborn
Astrid Kander
Viktoras Kulionis
Arik Levinson
Jaime de Melo
Tom Moerenhout
Alessandro Monti
Maria Panezi
Philippe Quirion
Lutz Sager
Marco Sakai
Juan Sesmero
Jean-Marc Solleder
Mauro Sodini
Cleo Verkuijl
Valentin Vogl
Leonie Wenz
Sven Willner

Summary, in English

Economic analysis has produced ample insights on how international trade and climate policy interact. Trade presents both opportunities and obstacles, and invites the question of how domestic climate policies can be effective in a global economy integrated through international trade. Particularly problematic is the potential relocation of production to regions with low climate standards. Measures to level the playing field, such as border carbon adjustments (BCAs), may be justified for specific emissions-intensive and trade-exposed sectors but need to be well-targeted, carefully navigating tensions that can arise between the desire to respect global trade rules and the need to elaborate and implement effective national climate policies. The conformity of specific trade measures with international trade and climate change law is not entirely clear. Yet, clarity is needed to ensure that the industry actors affected will find the rules predictable and be able to adhere to them.

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