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The EU's carbon border adjustment mechanism (CBAM)implications for ASEAN-EU relations /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The EU's carbon border adjustment mechanism (CBAM)Melinda Martinus, Kanin Laopirun.
Reminder of title:	implications for ASEAN-EU relations /
Author:	Martinus, Melinda.
other author:	Laopirun, Kanin.
Published:	Singapore :ISEAS-Yusof Ishak Institute,c2023.
Description:	1 online resource.
Subject:	Carbon taxesEuropean Union countries.
Subject:	Southeast AsiaBibliographyAntiquities
Online resource:	https://www.degruyterbrill.com/isbn/9789815104028
ISBN:	9789815104028$q(electronic bk.)

The EU's carbon border adjustment mechanism (CBAM)implications for ASEAN-EU relations /
Martinus, Melinda.

The EU's carbon border adjustment mechanism (CBAM)implications for ASEAN-EU relations /[electronic resource] :Melinda Martinus, Kanin Laopirun. - 1st ed. - Singapore :ISEAS-Yusof Ishak Institute,c2023. - 1 online resource. - Trends in Southeast Asia ;2023, issue 1. - Trends in Southeast Asia ;7..

There is a growing policy trend that in addressing climate change, various trade measures must be implemented to enhance the sustainable practices of global stakeholders. As a response to level up the playing field of global trade partners in enhancing sustainability, the EU recently introduced the European Union (EU) Carbon Border Adjustment Mechanism (CBAM), which will impose a carbon price on certain imports, namely, electricity, aluminium, cement, iron and steel, and fertilizer, to the EU. The EU CBAM may, however, cause trade disputes among World Trade Organization (WTO) members. EU and ASEAN trade relations are currently on an upswing trajectory, and there are therefore some risks involved in implementing the EU CBAM in the ASEAN region. At the same time, despite the perceived adverse effects, there is room for improvement in communicating EU CBAM implementation in ASEAN. The EU should introduce more calibrated approaches to implementing the EU CBAM in ASEAN, particularly considering the political and strategic risks, economic development and capacity, and climate ambitions of individual ASEAN countries.

Mode of access: Internet via World Wide Web.

In English.

ISBN: 9789815104028$q(electronic bk.)

Standard No.: 10.1355/9789815104028doiSubjects--Topical Terms:

996142
Carbon taxes
--European Union countries.Subjects--Geographical Terms:

436587
Southeast Asia
--Antiquities--Bibliography

LC Class. No.: HJ5403.5 / .M37 2023

Dewey Class. No.: 363.738746094

The EU's carbon border adjustment mechanism (CBAM)implications for ASEAN-EU relations /
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520 $a There is a growing policy trend that in addressing climate change, various trade measures must be implemented to enhance the sustainable practices of global stakeholders. As a response to level up the playing field of global trade partners in enhancing sustainability, the EU recently introduced the European Union (EU) Carbon Border Adjustment Mechanism (CBAM), which will impose a carbon price on certain imports, namely, electricity, aluminium, cement, iron and steel, and fertilizer, to the EU. The EU CBAM may, however, cause trade disputes among World Trade Organization (WTO) members. EU and ASEAN trade relations are currently on an upswing trajectory, and there are therefore some risks involved in implementing the EU CBAM in the ASEAN region. At the same time, despite the perceived adverse effects, there is room for improvement in communicating EU CBAM implementation in ASEAN. The EU should introduce more calibrated approaches to implementing the EU CBAM in ASEAN, particularly considering the political and strategic risks, economic development and capacity, and climate ambitions of individual ASEAN countries.
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