International Trade and Sustainability: Perspectives from Developing and Developed Countries PDF
Preview International Trade and Sustainability: Perspectives from Developing and Developed Countries
Edited by Rafael Leal-Arcas International Trade and Sustainability Perspectives from Developing and Developed Countries International Trade and Sustainability Rafael Leal-Arcas Editor International Trade and Sustainability Perspectives from Developing and Developed Countries Editor Rafael Leal-Arcas The Alfaisal University Riyadh, Kingdom of Saudi Arabia ISBN 978-3-031-14067-9 ISBN 978-3-031-14068-6 (eBook) https://doi.org/10.1007/978-3-031-14068-6 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2022 This work is subject to copyright. 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The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland A cknowledgments I would like to acknowledge the contributions of the following people for the production of this book: Teemu Alex Hast, Lucas Sperka, Aarushi Mittal, Hannah Kasak-Gliboff, Kaushal Prakash, Raphael Ribeaud, Manuliza Faktaufon, Rojae Brown, Anna Kyprianou, Cindy Li, Lee Guantai, Ervin Smajic, Mariam Al Zarkani, Lina Jbara, Marianna Margaritidou, and Ruqaya Mohamed Mubwana. v c ontents 1 Prologue 1 Rafael Leal-Arcas 1 Governing Trade and Climate to Achieve Sustainability 1 2 Democratizing Trade Governance for Sustainability 7 3 Structure 8 2 Green Bills for Green Earth 13 Rafael Leal-Arcas, Teemu Alex Hast, Lucas Sperka, Aarushi Mittal, Hannah Kasak-Gliboff, and Kaushal Prakash 1 Introduction and Overview of the Global Climate and Trade Regimes 13 2 Analyzing the Climate Change and International Trade Regimes 17 3 Analysis of the European Green Deal and the United States Green New Deal 30 4 Assessing the EU’s Carbon Border Adjustment Mechanism 41 5 Concluding Remarks 62 vii viii CoNTENTS 3 Mega-Regional Trade Agreements and Decarbonization 65 Rafael Leal-Arcas, Manuliza Faktaufon, Hannah Kasak- Gliboff, Cindy Li, Lee Guantai, and Ervin Smajic 1 Introduction 65 2 Mega-Regional Trade Agreements and Climate Change Mitigation 68 3 India and China: Two Key Climate Players 80 4 Looking Into a Decarbonized Future: Clean Energy Technologies and Shale Gas 92 5 Conclusion 111 4 The Perspective of Small Pacific Islands and the Caribbean Community 115 Rafael Leal-Arcas, Raphaël Ribeaud, Manuliza Faktaufon, Rojae Brown, and Kaushal Prakash 1 Introduction 115 2 The International Trading System and Achieving Sustainability in the World 116 3 The Role of Free Trade Agreements in the Energy Transition: Experiences in Small Pacific Islands 128 4 Trade Law as the Enforcer of Climate Change Obligations: The Perspective of CARICOM States 151 5 Current Response of the International Community Towards SIDS/Least Developed Countries (LDCs) and Recommendations 178 References 183 5 The European Union’s Carbon Border Adjustment Mechanism 185 Rafael Leal-Arcas, Manuliza Faktaufon, and Anna Kyprianou 1 Introduction 185 2 Carbon Border Adjustment Mechanism: An Overview 188 3 Designing a Carbon Border Adjustment Mechanism 211 4 Conclusion 225 CoNTENTS ix 6 The BRIC and Climate Change Mitigation 229 Rafael Leal-Arcas, Mariam Al Zarkani, Lina Jbara, Marianna Margaritidou, and Ruqaya Mohamed Mubwana 1 Introduction 229 2 Brazil 231 3 India 241 4 China 256 5 Russia 271 6 Concluding Remarks 279 Index 281 l c ist of ontributors Mariam Al Zarkani Sorbonne University Abu Dhabi (UAE), Abu Dhabi, United Arab Emirates Rojae Brown Queen Mary University of London, London, UK Manuliza Faktaufon Queen Mary University of London, London, UK Lee Guantai New York University Abu Dhabi, Abu Dhabi, United Arab Emirates Teemu Alex Hast Queen Mary University of London, London, UK Lina Jbara Sorbonne University Abu Dhabi (UAE), Abu Dhabi, United Arab Emirates Hannah Kasak-Gliboff New York University Abu Dhabi, Abu Dhabi, United Arab Emirates Anna Kyprianou Queen Mary University of London, London, UK Rafael Leal-Arcas The Alfaisal University, Riyadh, Kingdom of Saudi Arabia Cindy Li New York University Abu Dhabi, Abu Dhabi, United Arab Emirates Marianna Margaritidou Sorbonne University Abu Dhabi (UAE), Abu Dhabi, United Arab Emirates Aarushi Mittal West Bengal National University of Juridical Sciences, Kolkata, India xi xii LIST oF CoNTRIBUToRS Ruqaya Mohamed Mubwana Sorbonne University Abu Dhabi (UAE), Abu Dhabi, United Arab Emirates Kaushal Prakash New York University Abu Dhabi, Abu Dhabi, United Arab Emirates Raphaël Ribeaud Queen Mary University of London, London, UK Ervin Smajic New York University Abu Dhabi, Abu Dhabi, United Arab Emirates Lucas Sperka Queen Mary University of London, London, UK
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