Climate Neutrality and Sustainability in International Trade

82 Pages Posted: 18 Aug 2022 Last revised: 3 May 2023

See all articles by Rafael Leal-Arcas

Rafael Leal-Arcas

Alfaisal University

Luis Ulloa Martinez

Queen Mary University of London

Victory Abang

Queen Mary University of London

Krishma Kapur

Queen Mary University of London

Saffron Greenwod

Queen Mary University of London

Konstantinos Chatzopoulos

Queen Mary University of London

Archana Nair

Queen Mary University of London

Lisa Schoettmer

Queen Mary University of London

Date Written: August 7, 2022

Abstract

This article explores the links between climate neutrality and sustainability in the context of international trade. For that, it tackles seven main concerns: 1) what do industry leaders now need from policymakers to make them the frontrunners in the global transition to climate neutrality? 2) what coalitions are necessary to build and who are the partners and networks to support an ambitious and meaningful business dialogue on the transition to climate-neutral industries? 3) what is the sustainability agenda in the international trading system and what is the path forward for furthering sustainability in trade policy? 4) how will countries reach sustainable global integration? 5) what will be the role of climate change in the future global trading system? 6) what are the possible impacts of climate change on international trade and investment? And 7) what is the European Union’s approach to environmental concerns in trade agreements?

Keywords: sustainability, climate neutrality, international trade, climate clubs, WTO, border tax adjustments, plurilateralism, free trade agreements

JEL Classification: K33, Q01, Q27, Q37, Q54, Q56, Q58

Suggested Citation

Leal-Arcas, Rafael and Ulloa Martinez, Luis and Abang, Victory and Kapur, Krishma and Greenwod, Saffron and Chatzopoulos, Konstantinos and Nair, Archana and Schoettmer, Lisa, Climate Neutrality and Sustainability in International Trade (August 7, 2022). University of Pennsylvania Journal of International Law, Vol. 44, Issue 3, pp. 619-700, 2023, Queen Mary Law Research Paper No. 388/2022, Available at SSRN: https://ssrn.com/abstract=4183881 or http://dx.doi.org/10.2139/ssrn.4183881

Rafael Leal-Arcas (Contact Author)

Alfaisal University ( email )

P.O. Box 50927
Riyadh, 11533
Saudi Arabia

Luis Ulloa Martinez

Queen Mary University of London ( email )

Victory Abang

Queen Mary University of London

Krishma Kapur

Queen Mary University of London ( email )

Saffron Greenwod

Queen Mary University of London ( email )

Konstantinos Chatzopoulos

Queen Mary University of London ( email )

Archana Nair

Queen Mary University of London ( email )

Lisa Schoettmer

Queen Mary University of London ( email )

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
224
Abstract Views
870
Rank
247,469
PlumX Metrics