Étiqueté : trade and environment
This OECD’s note reviews the existing literature on Border Carbon Adjustments and alternatives to BCAs and discusses what various researchers have concluded about the efficacy of BCAs from both a trade and an environmental perspective.
The conservation of exhaustible natural resources constitutes a prominent linkage and one of the ongoing debates in the relationship between trade liberalization and environmental sustainability. Indeed, the recognition of this linkage was embodied as an important exception to the rules of the GATT, which justifies a violating measure related “to the conservation of exhaustible natural resources”…
As an agreement on an international climate treaty appears out of sight in the short run, many countries rely on unilateral greenhouse gas abatement strategies. The reach of such unilateral policies can be extended beyond the borders of the abating country by a switch to a consumption-based policy orientation…