As we transition towards a more fragmented, domestically driven climate policy architecture under the Paris Agreement, in which some actors have pledged to significantly increase their climate ambition, has the time arrived for a more informed debate about border carbon adjustments (BCAs)?
This event offered a timely opportunity to discuss the evolving rationale of BCAs in the evolving climate regime, and facilitate critical thinking about legal, political and economic constraints and their attendant design implications. It convened researchers, policy makers, and other stakeholders, selected based on their prior work and relevant experience in the field.
Insights and outcomes contributed to Climate Strategies project Making the International Trade System Work for Climate Change, carried out with the generous support of the KR Foundation. It fed into the subsequent report and policy brief on “Designing Border Carbon Adjustments for Enhanced Climate Action“. Both are available to download from our website.