On Tuesday 31 of October the organisation Climate Strategies presents insights from their latest report on global collaboration regarding Border Carbon Adjustments (BCAs).
Leading researchers will delve into the current state of climate-trade policy cooperation, evaluating strengths, weaknesses, and future prospects for BCAs.
With initiatives like the G7 Climate Club and discussions on Sustainable Steel and Aluminium, climate and trade cooperation is gaining momentum. However, the uncoordinated adoption of BCAs by major trading nations could escalate tensions and hinder international trade.
Among key questions addressed:
- Status of climate-trade cooperation
- Future of initiatives like G7 Climate Club
- Strengths and weaknesses of cooperation forums
- Aligning BCAs with Global South interests
Climate Strategies’ Making the Trade System Work for Climate 2.0 project investigates how international trade policy can be amended to better support global climate targets.