Abstract
This paper identifies and describes a new but a rapidly growing area of economic and climate governance: International Green Economy Collaborations (IGECs). Examples such as the US-EU Carbon-Based Sectoral Arrangement on Steel and Aluminum Trade illustrate the twin drivers of the emergence of IGECs: green growth imperatives and geo-economics. We argue IGECs are related but distinct from either Green Industrial Policy or Deep Trade Agreements. IGECs are particularly well suited to support green transition by addressing cross-border market failures between partner countries and by facilitating deep cooperation on embedded emissions accounting rules. Their role in bifurcation of the global economy, and its implications for the net zero transition remain to be seen.
| Original language | English |
|---|---|
| Title of host publication | Volume 25: Accelerated Energy Innovations and Emerging Technologies, Energy Proceedings |
| Place of Publication | Stockholm |
| Publisher | Scanditale AB |
| ISBN (Print) | 2004-2965 |
| DOIs | |
| Publication status | Published - 2022 |
| Event | Applied Energy Symposium: MIT A+B (MITAB), International Conference on Applied Energy 2022 - Cambridge, MA Duration: 1 Jan 2022 → … https://applied-energy.org/mitab2022/index |
Publication series
| Name | |
|---|---|
| Volume | 25 |
Conference
| Conference | Applied Energy Symposium: MIT A+B (MITAB), International Conference on Applied Energy 2022 |
|---|---|
| Period | 1/01/22 → … |
| Other | July 5-8, 2022 |
| Internet address |