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

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Essential insight into carbon tariffs reshaping ASEAN-EU trade

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.

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.
Just Arrived

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

Regular price $13.90
Unit price
per
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ISBN: 9789815104011
Authors: Melinda Martinus
Date of Publication: 2023-02-28
Format: Paperback
Related Collections: Business, Economics, Law, Politics
Goodreads rating: 0.0
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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.
 

Essential insight into carbon tariffs reshaping ASEAN-EU trade

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.

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.

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