This report provides an analysis of how climate change damages may affect international trade in the coming decades and how international trade can help limit the costs of climate change. It analyses the impacts of climate change on trade considering both direct effects on infrastructure and...

We explore a global carbon pricing framework to inform the potential coordination of carbon pricing and equivalent policies. The framework has three main features aligning with the current multilateral system for climate action. First, the carbon price is determined by a global average carbon...

The paper analyses the synergies and trade-offs between emission reduction policies and sustainable development objectives. Specifically, it provides an ex-ante assessment that the impacts of the Nationally Determined Contributions (NDCs), submitted under the Paris Agreement, will have on the...

The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to improve its terms of trade, while the fringe abstains...

This article explores the effects of including environmental provisions (EPs) in preferential trade agreements (PTAs) on climate change mitigation. It further examines whether the effects depend on the heterogeneity of the EPs. We exploit a panel dataset of the climate change performance index...

There is growing clamor in industrial countries for additional border taxes on imports from countries with lower carbon prices. A key factor affecting the impact of these taxes is whether they are based on the carbon content of imports or the carbon content in domestic production. Our...

Copenhagen Consensus Center organized an initiative, in which an Expert Panel of outstanding economists convened in Washington DC in September 2009 to compile a prioritized list of specific solutions in the fight against Climate Change. The basis for the discussions and the ranking were...

Th ere is growing clamor in industrial countries for additional border taxes on imports from countries with lower carbon prices. We confirm the findings of other research that unilateral emissions cuts by industrial countries will have minimal carbon leakage effects. However, output and exports...