The Carbon Border Adjustment Mechanism and the challenge of being a 'good' climate and trade actor

Eva Pander Maat

Chapter 8 in Understanding the EU as a Good Global Actor, 2022, pp 141-157 from Edward Elgar Publishing

Abstract: From the EU's perspective, the Carbon Border Adjustment Mechanism (CBAM) is the pinnacle of its 'good' global actorness in climate and trade. From the perspective of international law, however, it appears that the EU is rather walking a tightrope. The EU's initiative to find a balance between legal norms at the climate-trade nexus arguably propels it as a leader on 'good' global governance in either field. Controversially, however, the CBAM challenges core legal principles within jurisdictional doctrine, international climate law and WTO law. Its relation to these principles compels a comprehensive and convincing justification. For the EU to be considered a 'good' global actor in climate and trade, it would have to foster mutual understanding not only between the legal orders on climate and trade, but also between EU law and international law.

Keywords: Economics and Finance; Environment; Law - Academic; Politics and Public Policy Sustainable Development Goals (search for similar items in EconPapers)
Date: 2022
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