The EU's Carbon Border Adjustment Mechanism (CBAM): implications for ASEAN-EU relations
There is a growing policy trend that in addressing climate change, various trade measures must be implemented to enhance the sustainable practices of global stakeholders. As a response to level up the playing field of global trade partners in enhancing sustainability, the EU recently introduced the...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Singapore
ISEAS Publishing
[2023]
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| Online-Zugang: | FAB01 FAW01 FCO01 FHA01 FKE01 FLA01 UBG01 UBY01 UPA01 Volltext |
| Zusammenfassung: | There is a growing policy trend that in addressing climate change, various trade measures must be implemented to enhance the sustainable practices of global stakeholders. As a response to level up the playing field of global trade partners in enhancing sustainability, the EU recently introduced the European Union (EU) Carbon Border Adjustment Mechanism (CBAM), which will impose a carbon price on certain imports, namely, electricity, aluminium, cement, iron and steel, and fertilizer, to the EU. The EU CBAM may, however, cause trade disputes among World Trade Organization (WTO) members. EU and ASEAN trade relations are currently on an upswing trajectory, and there are therefore some risks involved in implementing the EU CBAM in the ASEAN region. At the same time, despite the perceived adverse effects, there is room for improvement in communicating EU CBAM implementation in ASEAN. The EU should introduce more calibrated approaches to implementing the EU CBAM in ASEAN, particularly considering the political and strategic risks, economic development and capacity, and climate ambitions of individual ASEAN countries |
| Beschreibung: | 1 Online-Ressource (40 Seiten) |
| ISBN: | 9789815104028 |
| DOI: | 10.1355/9789815104028 |
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| isbn | 9789815104028 |
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| spelling | Martinus, Melinda Verfasser aut The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations Melinda Martinus, Kanin Laopirun Singapore ISEAS Publishing [2023] © 2023 1 Online-Ressource (40 Seiten) txt rdacontent c rdamedia cr rdacarrier There is a growing policy trend that in addressing climate change, various trade measures must be implemented to enhance the sustainable practices of global stakeholders. As a response to level up the playing field of global trade partners in enhancing sustainability, the EU recently introduced the European Union (EU) Carbon Border Adjustment Mechanism (CBAM), which will impose a carbon price on certain imports, namely, electricity, aluminium, cement, iron and steel, and fertilizer, to the EU. The EU CBAM may, however, cause trade disputes among World Trade Organization (WTO) members. EU and ASEAN trade relations are currently on an upswing trajectory, and there are therefore some risks involved in implementing the EU CBAM in the ASEAN region. At the same time, despite the perceived adverse effects, there is room for improvement in communicating EU CBAM implementation in ASEAN. The EU should introduce more calibrated approaches to implementing the EU CBAM in ASEAN, particularly considering the political and strategic risks, economic development and capacity, and climate ambitions of individual ASEAN countries POLITICAL SCIENCE / Public Policy / Environmental Policy bisacsh Carbon taxes European Union countries Climatic changes Government policy Laopirun, Kanin Verfasser aut https://doi.org/10.1355/9789815104028 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Martinus, Melinda Laopirun, Kanin The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations POLITICAL SCIENCE / Public Policy / Environmental Policy bisacsh Carbon taxes European Union countries Climatic changes Government policy |
| title | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations |
| title_auth | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations |
| title_exact_search | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations |
| title_exact_search_txtP | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations |
| title_full | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations Melinda Martinus, Kanin Laopirun |
| title_fullStr | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations Melinda Martinus, Kanin Laopirun |
| title_full_unstemmed | The EU's Carbon Border Adjustment Mechanism (CBAM) implications for ASEAN-EU relations Melinda Martinus, Kanin Laopirun |
| title_short | The EU's Carbon Border Adjustment Mechanism (CBAM) |
| title_sort | the eu s carbon border adjustment mechanism cbam implications for asean eu relations |
| title_sub | implications for ASEAN-EU relations |
| topic | POLITICAL SCIENCE / Public Policy / Environmental Policy bisacsh Carbon taxes European Union countries Climatic changes Government policy |
| topic_facet | POLITICAL SCIENCE / Public Policy / Environmental Policy Carbon taxes European Union countries Climatic changes Government policy |
| url | https://doi.org/10.1355/9789815104028 |
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