How trade policy can support the climate agenda

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

doi:10.1126/science.abo4207

How trade policy can support the climate agenda

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 MeloTom 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

Research output: Contribution to journal › Article › peer-review

Abstract

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.

Original language	English
Pages (from-to)	1401-1404
Journal	Science (New York, N.Y.)
Volume	376
Issue number	6600
DOIs	https://doi.org/10.1126/science.abo4207
Publication status	Published - 2022 Jun

Subject classification (UKÄ)

Economic History

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1126/science.abo4207

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Jakob, M., Afionis, S., Åhman, M., Antoci, A., Arens, M., Ascensão, F., van Asselt, H., Baumert, N., Borghesi, S., Brunel, C., Caron, J., Cosbey, A., Droege, S., Evans, A., Iannucci, G., Jiborn, M., Kander, A., Kulionis, V., Levinson, A., ... Willner, S. (2022). How trade policy can support the climate agenda. Science (New York, N.Y.), 376(6600), 1401-1404. https://doi.org/10.1126/science.abo4207

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title = "How trade policy can support the climate agenda",

abstract = "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.",

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

year = "2022",

month = jun,

doi = "10.1126/science.abo4207",

language = "English",

volume = "376",

pages = "1401--1404",

journal = "Science (New York, N.Y.)",

issn = "1095-9203",

publisher = "American Association for the Advancement of Science (AAAS)",

number = "6600",

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Jakob, M, Afionis, S, Åhman, M, Antoci, A, Arens, M, Ascensão, F, van Asselt, H, Baumert, N, Borghesi, S, Brunel, C, Caron, J, Cosbey, A, Droege, S, Evans, A, Iannucci, G, Jiborn, M, Kander, A, Kulionis, V, Levinson, A, de Melo, J, Moerenhout, T, Monti, A, Panezi, M, Quirion, P, Sager, L, Sakai, M, Sesmero, J, Solleder, J-M, Sodini, M, Verkuijl, C, Vogl, V, Wenz, L & Willner, S 2022, 'How trade policy can support the climate agenda', Science (New York, N.Y.), vol. 376, no. 6600, pp. 1401-1404. https://doi.org/10.1126/science.abo4207

TY - JOUR

T1 - How trade policy can support the climate agenda

AU - Jakob, Michael

AU - Afionis, Stavros

AU - Åhman, Max

AU - Antoci, Angelo

AU - Arens, Marlene

AU - Ascensão, Fernando

AU - van Asselt, Harro

AU - Baumert, Nicolai

AU - Borghesi, Simone

AU - Brunel, Claire

AU - Caron, Justin

AU - Cosbey, Aaron

AU - Droege, Susanne

AU - Evans, Alecia

AU - Iannucci, Gianluca

AU - Jiborn, Magnus

AU - Kander, Astrid

AU - Kulionis, Viktoras

AU - Levinson, Arik

AU - de Melo, Jaime

AU - Moerenhout, Tom

AU - Monti, Alessandro

AU - Panezi, Maria

AU - Quirion, Philippe

AU - Sager, Lutz

AU - Sakai, Marco

AU - Sesmero, Juan

AU - Solleder, Jean-Marc

AU - Sodini, Mauro

AU - Verkuijl, Cleo

AU - Vogl, Valentin

AU - Wenz, Leonie

AU - Willner, Sven

PY - 2022/6

Y1 - 2022/6

N2 - 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.

AB - 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.

U2 - 10.1126/science.abo4207

DO - 10.1126/science.abo4207

M3 - Article

C2 - 35737781

SN - 1095-9203

VL - 376

SP - 1401

EP - 1404

JO - Science (New York, N.Y.)

JF - Science (New York, N.Y.)

IS - 6600

ER -

How trade policy can support the climate agenda

Abstract

Subject classification (UKÄ)

UN SDGs

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