When Two Global Agendas Collide:
How the EU's Climate Change Mechanism
Could Fall Afoul of International Trade Rules
July 7, 2021
James Bacchus
The European Commission has launched an ambitious roadmap termed the Green Deal that aims to make Europe the first carbonneutral continent by 2050. The deal proposes several pioneer trade restrictions aimed at mitigating climate change. And although this proposed measure may not be implemented for several years, its mere proposition will open a new front for trade confrontations. The proposed measure would attempt to minimise the effects of climate change using an economic approach. As such, its consistency with the rules of world trade could become a matter of global debate.
A few immediate concerns arise. The first is the World Trade Organization (WTO) and how its other members will react. Could the deal prompt other regional blocs to implement similar climaterelated trade measures, or could it instead provoke a wide wave of global criticism? But perhaps more pertinently, could the proposed new measure shape the future of trade, climate ambitions and governance globally?
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