Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/146203 
Year of Publication: 
2016
Series/Report no.: 
WIDER Working Paper No. 2016/20
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
This paper examines, from a multidisciplinary perspective, plausible hypotheses for implementation of border carbon adjustment mechanisms, seen as a complement to strong environmental regulation. It highlights economic, legal, and political difficulties raised by border carbon adjustments. After thoroughly reviewing their economic practicability, it analyses these mechanisms from an International Trade Law perspective, particularly vis-à-vis the General Agreement on Tariffs and Trade, sustainable development, and the principle of shared but differentiated responsibilities. It concludes with an assessment of policy-related implications of such mechanisms and outlines, in particular, how border carbon adjustments may be used as an engine of economic and energy transition, for developed and developing countries equally.
Subjects: 
environmental regulation
border carbon adjustment
international trade law
General Agreement on Tariffs and Trade
sustainable development
political economy
JEL: 
F64
K33
Q48
Q56
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-063-8
Document Type: 
Working Paper

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