The EU’s Carbon Border Adjustment Mechanism (CBAM): Implications for ASEAN-EU Relations

by Melinda Martinus

$13.90

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One Line Summary of the Book

Essential insight into carbon tariffs reshaping ASEAN-EU trade

Who is this book for?

This is a timely read for anyone interested in climate policy, trade, or Southeast Asian diplomacy. It clearly examines how the EU’s CBAM could create both economic friction and environmental progress. Its nuanced focus on country-specific implementation makes a complex policy debate feel practical and relevant.

A Note On Book Covers

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The EU’s Carbon Border Adjustment Mechanism (CBAM): Implications for ASEAN-EU Relations

Name: The EU’s Carbon Border Adjustment Mechanism (CBAM): Implications for ASEAN-EU Relations
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ISBN: 9789815104011

by Melinda Martinus

$13.90

Unit price: per

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ISBN: 9789815104011

Authors: Melinda Martinus

Publisher: ISEAS - Yusof Ishak Institute

Date of Publication: 2023-02-28

Format: Paperback

Related Collections: Business, Economics, Law, Politics

Related Topics: Political Science, Social Science, Government, Technology, Finance, Management, Sociology, Society

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Description

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.

One Line Summary of the Book

Essential insight into carbon tariffs reshaping ASEAN-EU trade

Who is this book for?

A Note On Book Covers

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.