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dc.contributor.authorLYDGATE, Emily
dc.description.abstractThis 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.publisherEuropean University Instituteen
dc.relation.ispartofseriesEUI RSCen
dc.relation.ispartofseriesGlobal Governance Programme-479en
dc.relation.ispartofseries[Global Economics]en
dc.subjectClimate equivalenceen
dc.subjectClimate clubsen
dc.subjectBorder carbon adjustmenten
dc.titleClimate equivalence and international tradeen
dc.typeWorking Paperen
dc.rights.licenseAttribution 4.0 International*

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Attribution 4.0 International
Except where otherwise noted, this item's license is described as Attribution 4.0 International