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Climate Clubs for a Sustainable Future: The Role of International Trade

Climate Clubs for a Sustainable Future: The Role of International Trade

Author: Rafael Leal-Arcas
Publisher: Kluwer Law International
ISBN: 9789403537153
Published In: August 2021
Format: Hardback
Jurisdiction: Netherlands ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

Details

Climate Clubs for a Sustainable Future, a revolutionary book by one of the world’s foremost authorities on international economic law, delves deep into the role of international trade and investment law and explains how free trade agreements and bilateral investment treaties can be used as a powerful tool to help alleviate climate change. The science, economics as well as the law of climate change are known to us. Nonetheless, what is not known to us is how countries may join hands to cooperate on climate change mitigation. In this vein, the role of international trade in climate change, although globally recognized, is not well understood.

Emphasizing the idea of climate clubs—namely the coalition of the willing—among governments, companies, and/or international institutions, the book provides a sagacious analysis of the following aspects of the trade–climate linkage:

formation of climate clubs
legitimacy and accountability
technological cooperation
green patents
how competition law hinders effective cooperation between companies seeking to produce sustainable goods
domestic policy preferences
whether certain States should legitimately be allowed to be free riders, and sanctions for noncompliance

This book contains three detailed case studies: a comparison of the U.S. and European Union (EU) Generalized System of Preferences programs, energy security in the Arab world, and EU–Russia energy trade relations.

Fortifying the author’s belief that global access to energy, mitigating climate change, and benefit from international trade and investment can all be achieved, this book furnishes a new perspective on the international trading system as a way to reach a prosperous, modern, and sustainable society that will help decarbonize the economy effectively. All professionals and policymakers concerned with climate change mitigation, and particularly those active at its nexus with international trade, will highly appreciate it.

Introduction

CHAPTER 1. Climate Clubs - Key Conceptual & Typological Considerations

CHAPTER 2. Climate Clubs and International Trade

CHAPTER 3. World Trade Organization and Carbon Market Clubs

CHAPTER 4. Free Trade Agreements and Bilateral Investment Treaties for a Sustainable Future

CHAPTER 5. Three Case Studies: Generalized System of Preferences, the Arab World, and EU-Russia Energy Trade Relations

CHAPTER 6. Linking International Trade, Climate Change, Investment and a Prosperous Future

Conclusion

Index