| Title | Pulling up the carbon ladder? Decarbonization, dependence, and third-country risks from the European carbon border adjustment mechanism |
|---|---|
| ID_Doc | 63345 |
| Authors | Eicke, L; Weko, S; Apergi, M; Marian, A |
| Title | Pulling up the carbon ladder? Decarbonization, dependence, and third-country risks from the European carbon border adjustment mechanism |
| Year | 2021 |
| Published | |
| Abstract | Since the EU Commission announced the introduction of a carbon border adjustment mechanism (CBAM) within the European Green Deal, debates intensified on its effectiveness for climate action, adhering to WTO regulations, and potential trade wars with China and the US. We argue that the implications of the EU CBAM for affected countries, especially in the Global South, have been underrepresented so far. We assess countries' relative risk levels in two scenarios: i) CBAM addressing only emissions-intensive sectors and ii) CBAM targeting the whole economy. The paper maps relative risks in these two scenarios using a risk index encompassing the export structure of countries, their emissions intensity, emissions reduction targets, and institutional capacities to monitor and report product-based emissions. The quantitative analysis reveals that the impacts of CBAM are distributed unevenly across the globe. The spectrum of impacted nations varies between the two analysed scenarios, but in both cases most countries at relatively high risk are located in Africa. Three qualitative case studies covering Mozambique, Bosnia and Herzegovina, and Morocco evaluate the countries' trade relations, their carbon intensity, energy and climate policies, and institutional capacities, with a special focus on monitoring, reporting and verification (MRV) of carbon emissions. The analysis sheds light on different patterns of vulnerability and policy options to increase resilience. |
| https://doi.org/10.1016/j.erss.2021.102240 |
Similar Articles
| ID | Score | Article |
|---|---|---|
63613
|
Sabyrbekov, R; Overland, I Small and large friends of the EU's carbon border adjustment mechanism: Which non-EU countries are likely to support it?(2024) | |
| 63693
|
Clora, F; Yu, WS; Corong, E Alternative carbon border adjustment mechanisms in the European Union and international responses: Aggregate and within-coalition results(2023) | |
| 63502
|
Overland, I; Sabyrbekov, R Know your opponent: Which countries might fight the European carbon border adjustment mechanism?(2022) | |
| 63856
|
Smith, ID; Overland, I; Szulecki, K The EU's CBAM and Its 'Significant Others': Three Perspectives on the Political Fallout from Europe's Unilateral Climate Policy Initiative(2024)Jcms-Journal Of Common Market Studies, 62, 2 | |
| 64181
|
Espa, I Reconciling The Climate/Industrial Interplay Of Cbams: What Role For The Wto?(2022) | |
| 63609
|
Nevskaya, A; Baronina, Y Carbon Border Adjustment Mechanism: New Context for EU-Russia Relations(2021) | |
| 64130
|
Fragkos, P; Fragkiadakis, K; Paroussos, L Reducing the Decarbonisation Cost Burden for EU Energy-Intensive Industries(2021)Energies, 14, 1 | |
| 63968
|
Mörsdorf, G A simple fix for carbon leakage? Assessing the environmental effectiveness of the EU carbon border adjustment(2022) | |
| 65033
|
Pató, Z; Mezosi, A; Szabó, L Is border carbon adjustment the right tool for the power sector?(2022)Climate Policy, 22.0, 4 | |
| 63395
|
Morchid, W; Haddad, EA; Savard, L Measuring the Cost of the European Union's Carbon Border Adjustment Mechanism on Moroccan Exports(2024)Sustainability, 16, 12 |