Tag: Economics
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Europe’s plan for carbon border adjustment
One-third of European greenhouse gas emissions (GHG) are embedded in the import of goods and services. While the EU Emissions Trading Scheme (ETS) sets a price and limit on carbon emissions for domestic firms, no such measure exists for products made abroad. Without better accountability of imported emissions, there will be no real industrial decarbonisation.…
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Green and values-based Connectivity between Europe and Asia
Connectivity is one of the focal points of the new EU Strategy for Cooperation in the Indo-Pacific. The term is also central to the Connecting Europe and Asia Strategy and the EU-Japan Partnership on Sustainable Connectivity, while talks have begun with India on a connectivity-focused partnership. When calling for the establishment of a Global Connectivity…