Climate equivalence and international trade
| dc.contributor.author | LYDGATE, Emily | |
| dc.date.accessioned | 2022-10-19T13:00:36Z | |
| dc.date.available | 2022-10-19T13:00:36Z | |
| dc.date.issued | 2022 | |
| dc.description.abstract | This article examines a significant question in navigating trade and climate tension: how to recognise another country as having equivalent climate regulation. Such equivalence forms the foundation of many proposed models of so-called climate clubs. Establishing equivalence between distinct national climate regulation regimes poses a unique challenge that draws upon both trade and environmental international cooperation. Drawing on existing proposals, I examine prospects for country-based cooperation through three models: ETS-linking, benchmarking of shared methods and minimum standards, and benchmarking of outcome duties. The analysis concludes that all models necessitate some trade-offs between the goals of rigorous oversight of climate objectives, inclusivity, and WTO-compliance. Benchmarking of shared methods and minimum standards seems most feasible, and would provide a deeper level of integration between trade and climate cooperation, but necessitates a shift in how countries, particularly the EU, oversee regulatory compliance. | en |
| dc.format.mimetype | application/pdf | en |
| dc.identifier.issn | 1028-3625 | |
| dc.identifier.uri | https://hdl.handle.net/1814/74966 | |
| dc.language.iso | en | en |
| dc.orcid.upload | true | * |
| dc.publisher | European University Institute | en |
| dc.relation.ispartofseries | EUI RSC | en |
| dc.relation.ispartofseries | 2022/64 | en |
| dc.relation.ispartofseries | Global Governance Programme-479 | en |
| dc.relation.ispartofseries | [Global Economics] | en |
| dc.rights | info:eu-repo/semantics/openAccess | en |
| dc.rights.license | Attribution 4.0 International | * |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | * |
| dc.subject | Climate equivalence | en |
| dc.subject | Climate clubs | en |
| dc.subject | Border carbon adjustment | en |
| dc.title | Climate equivalence and international trade | en |
| dc.type | Working Paper | en |
| dspace.entity.type | Publication |
