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International trade and Climate Change : Economic, Legal, and Institutional Perspectives

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  • World Bank

Abstract

The broad objective of this study is to analyze areas in which the climate change agenda intersects with multilateral trade obligations. The study identifies the key issues at stake, as well as possible actions -- at the national and multilateral levels -- that could help developing countries strengthen their capacities to respond to emerging conflicts between international trade and global climate regimes while taking advantage of new opportunities. The study also attempts to respond to the need for more sector-specific analysis. Chapter two contributes to the literature by exploring the economic, environmental, and political rationale underlying the potential tension between implementation of the Kyoto Protocol and the existing World Trade Organization (WTO) principles. The chapter further identifies areas where priorities for proactive policy initiatives could minimize potential damage to both trade and global environmental regimes. Chapter three explores and identifies key barriers and opportunities to spur the transfer and diffusion of climate-friendly and clean-energy technologies in developing countries. It further identifies policies and institutional changes that could lead to the removal of barriers and increased market penetration of climate-friendly technology. Chapter four examines and builds on the different approaches that have emerged in the negotiations surrounding trade in environmental goods and services, and it proposes a framework for integrating climate objectives in the discussions. Chapter five presents the conclusions and provides a framework for integrating and streamlining the global environment within the global trading system.

Suggested Citation

  • World Bank, 2007. "International trade and Climate Change : Economic, Legal, and Institutional Perspectives," World Bank Publications - Books, The World Bank Group, number 6831, December.
    • Handle: RePEc:wbk:wbpubs:6831
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    References listed on IDEAS

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    Cited by:

    1. Zhang, Zhong Xiang, 2012. "Competitiveness and Leakage Concerns and Border Carbon Adjustments," International Review of Environmental and Resource Economics, now publishers, vol. 6(3), pages 225-287, December.
    2. ZhongXiang Zhang, 2013. "Trade in environmental goods, with focus on climate-friendly goods and technologies," Chapters, in: Geert Van Calster & Denise Prévost (ed.), Research Handbook on Environment, Health and the WTO, chapter 19, pages 673-699, Edward Elgar Publishing.
    3. ZhongXiang Zhang, 2012. "Climate Change Meets Trade in Promoting Green Growth: Potential Conflicts and Synergies," Chapters, in: Chin Hee Hahn & Sang-Hyop Lee & Kyoung-Soo Yoon (ed.), Responding to Climate Change, chapter 6, Edward Elgar Publishing.
    4. Angelina A. Kolomeytseva, 2020. "Greening of the Manufacturing Industry in the Eurasian Economic Union," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 95-101.
    5. ZhongXiang Zhang, 2010. "The U.S. proposed carbon tariffs, WTO scrutiny and China’s responses," International Economics and Economic Policy, Springer, vol. 7(2), pages 203-225, August.
    6. Dirk T.G. Rübbelke & Vivekananda Mukherjee & Tilak Sanyal, 2008. "Technology Transfer in the Non-traded Sector as a Means to Combat Global Warming," Working Papers 2008.78, Fondazione Eni Enrico Mattei.
    7. Jaime Moll de Alba & Valentin Todorov, 2023. "Measuring green industrial performance: a regional outlook of Eastern Asia and Europe," Economic Change and Restructuring, Springer, vol. 56(5), pages 3281-3307, October.
    8. Solveig Delabroye, 2014. "The Eco-Industry and Trade Agreements," CIRANO Working Papers 2014s-45, CIRANO.
    9. Zhang, ZhongXiang, 2009. "Multilateral trade measures in a post-2012 climate change regime? What can be taken from the Montreal Protocol and the WTO?," Energy Policy, Elsevier, vol. 37(12), pages 5105-5112, December.
    10. Alain-Désiré Nimubona, 2010. "Pollution Policy and Liberalization of Trade in Environmental Goods," Working Papers 1004, University of Waterloo, Department of Economics, revised May 2010.
    11. Hoekman, Bernard & Martin, Will & Mattoo, Aaditya, 2010. "Conclude Doha: it matters!," World Trade Review, Cambridge University Press, vol. 9(3), pages 505-530, July.
    12. Kathryn Harrison, 2015. "International Carbon Trade and Domestic Climate Politics," Global Environmental Politics, MIT Press, vol. 15(3), pages 27-48, August.
    13. Zhang, ZhongXiang, 2009. "Liberalizing climate-friendly goods and technologies in WTO environmental goods negotiations: product coverage, modalities, challenges and the way forward," MPRA Paper 16943, University Library of Munich, Germany, revised 10 Aug 2009.
    14. Nigel James Martin & John Lewis Rice, 2014. "Influencing Clean Energy Laws: an Analysis of Business Stakeholder Engagement," Business Strategy and the Environment, Wiley Blackwell, vol. 23(7), pages 447-460, November.
    15. Philippe Quirion, 2010. "Competitiveness and Leakage," Chapters, in: Emilio Cerdá Tena & Xavier Labandeira (ed.), Climate Change Policies, chapter 6, Edward Elgar Publishing.
    16. Ibon Galarraga & Anil Markandya, 2010. "Climate Change and Its Socioeconomic Importance," Working Papers 2009-08, BC3.
    17. Lin, Weiming & Chen, Jianling & Zheng, Yi & Dai, Yongwu, 2019. "Effects of the EU Emission Trading Scheme on the international competitiveness of pulp-and-paper industry," Forest Policy and Economics, Elsevier, vol. 109(C).
    18. Gary Clyde HUFBAUER & Jisun KIM, 2010. "Reaching a Global Agreement on Climate Change: What are the Obstacles?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 5(1), pages 39-58, June.
    19. Lee, Minsoo & Villaruel, Mai Lin & Gaspar, Raymond, 2016. "Effects of Temperature Shocks on Economic Growth and Welfare in Asia," ADB Economics Working Paper Series 501, Asian Development Bank.

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