Trade and climate change: quantitative assessment of the best policy tools to achieve climate neutrality and competitiveness

Report - January 15, 2021

The study relied on the GEM-E3 General Equilibrium Model which helped quantify the overall balance of carbon emissions due to international trade and investment and, by contrast, carbon emission avoidance due to the same trade and investment flows. The study includes the first available analysis providing a comparative and quantitative assessment on the Carbon Border Adjustment Mechanism and other trade policy tools ahead of the forthcoming proposal of the European Commission.

The study can be accessed here