The challenge of decarbonisation and EU-Turkey trade relations: A long-term perspective

Kadri Tastan

No 66/2022, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs

Abstract: The implementation of the European Union's (EU) Green Deal to reduce emissions by 2030 and to achieve climate neutrality by 2050 will have an impact on the EU's trade policy and on its trade relations with its non-EU partners. With the ongoing decarbonisation process of European economic sectors, the EU's climate policy will be increasingly integrated into its trade policy through measures such as the Carbon Border Adjustment Mechanism (CBAM) and by strengthening the environment chapters of its trade agreements. Therefore, the debate on the future of Turkey-EU trade relations should focus on future prospects for decarbonisation and trade if both sides are keen to maintain or deepen their trade relations. In the current context, which is rife with geopolitical and energy security considerations, a long-term vision and a holistic approach are needed now more than ever.

Keywords: Green Deal; Decarbonisation; Carbon Border Adjustment Mechanism; CBAM; Nationally Determined Contributions; NDCs; Customs Union; Transatlantic Trade and Investment Partnership; TTIP; EU Emissions Trading System; Turkey (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-ara, nep-ene, nep-env and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:662022

DOI: 10.18449/2022C66

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