How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?

Export led growth remains a critical route out of poverty for many least developed countries (LDCs). But in a world increasingly concerned about climate change and the contribution of international trade to global warming will measures being consid...

Full description

Bibliographic Details
Main Author: Jensen, Michael Friis
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/615031623852601666/How-Could-Trade-Measures-Being-Considered-to-Mitigate-Climate-Change-Affect-LDC-Exports
http://hdl.handle.net/10986/35844
id okr-10986-35844
recordtype oai_dc
spelling okr-10986-358442021-06-29T05:11:38Z How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports? Jensen, Michael Friis CARBON POLICY CARBON BORDER ADJUSTMENT CLIMATE CHANGE MITIGATION GREEN TRADE LIBERALIZATION SUSTAINABILITY STANDARDS GREENHOUSE GAS EMISSIONS TRADE POLICY Export led growth remains a critical route out of poverty for many least developed countries (LDCs). But in a world increasingly concerned about climate change and the contribution of international trade to global warming will measures being considered to mitigate emissions hurt the export opportunities of LDCs? This paper reviews the trade-related instruments being considered by both policymakers and business communities to mitigate climate change, identifying areas where LDCs may be affected. The paper explores the following key issues: (i) how a shift to low carbon transportation may affect LDC exports given their remote location from main markets; (ii) how LDCs’ exports will be influenced by their own domestic climate measures; (iii) whether mitigation instruments introduced by other governments that result in carbon border tax adjustments will significantly affect LDC exports; (iv) the importance of the nature of liberalization of trade in green goods; (v) how government sustainability standards in overseas market may affect trade, and finally (vi) the potential impact of private measures used by businesses for carbon management. The paper shows how climate change mitigation instruments will create challenges and provide new opportunities for LDC exports that will require attention to traditional trade policy issues but also to a deeper agenda relating to regulatory development and convergence. 2021-06-28T20:47:33Z 2021-06-28T20:47:33Z 2020-10-01 Working Paper http://documents.worldbank.org/curated/en/615031623852601666/How-Could-Trade-Measures-Being-Considered-to-Mitigate-Climate-Change-Affect-LDC-Exports http://hdl.handle.net/10986/35844 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARBON POLICY
CARBON BORDER ADJUSTMENT
CLIMATE CHANGE MITIGATION
GREEN TRADE LIBERALIZATION
SUSTAINABILITY STANDARDS
GREENHOUSE GAS EMISSIONS
TRADE POLICY
spellingShingle CARBON POLICY
CARBON BORDER ADJUSTMENT
CLIMATE CHANGE MITIGATION
GREEN TRADE LIBERALIZATION
SUSTAINABILITY STANDARDS
GREENHOUSE GAS EMISSIONS
TRADE POLICY
Jensen, Michael Friis
How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?
description Export led growth remains a critical route out of poverty for many least developed countries (LDCs). But in a world increasingly concerned about climate change and the contribution of international trade to global warming will measures being considered to mitigate emissions hurt the export opportunities of LDCs? This paper reviews the trade-related instruments being considered by both policymakers and business communities to mitigate climate change, identifying areas where LDCs may be affected. The paper explores the following key issues: (i) how a shift to low carbon transportation may affect LDC exports given their remote location from main markets; (ii) how LDCs’ exports will be influenced by their own domestic climate measures; (iii) whether mitigation instruments introduced by other governments that result in carbon border tax adjustments will significantly affect LDC exports; (iv) the importance of the nature of liberalization of trade in green goods; (v) how government sustainability standards in overseas market may affect trade, and finally (vi) the potential impact of private measures used by businesses for carbon management. The paper shows how climate change mitigation instruments will create challenges and provide new opportunities for LDC exports that will require attention to traditional trade policy issues but also to a deeper agenda relating to regulatory development and convergence.
format Working Paper
author Jensen, Michael Friis
author_facet Jensen, Michael Friis
author_sort Jensen, Michael Friis
title How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?
title_short How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?
title_full How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?
title_fullStr How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?
title_full_unstemmed How Could Trade Measures Being Considered to Mitigate Climate Change Affect LDC Exports?
title_sort how could trade measures being considered to mitigate climate change affect ldc exports?
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/615031623852601666/How-Could-Trade-Measures-Being-Considered-to-Mitigate-Climate-Change-Affect-LDC-Exports
http://hdl.handle.net/10986/35844
_version_ 1764483891088850944