Toshi Arimura from Waseda University in Japan says that #CBAM will help developed countries export to the EU (e.g. 🇯🇵) because they are 'more efficient', but not so much developing countries. Consequently CBAM 'may widen the north-south gap'. Japan introducing an ETS from 2026

Join Dmitry Grozoubinski for the launch of his eye-opening book 'Why Politicians Lie About Trade' on 24 May | 2:30pm.

Get the inside scoop on the $32 trillion global trade machine and how it shapes our world.

Register now to join in person or virtually⤵️
odi.org/en/events/book…

My book 'Survival of the Greenest' is now available in print !

Somehow featured amongst Amazon's 'hot new releases' in economics next to some great books... but remember you can also download it for free thanks to UNU-WIDER here:
cambridge.org/core/elements/…

🧵
Joe Biden has just confirmed he's going to raise the special tariff on electric vehicles coming from China to 100%.
Also new tariffs on batteries and solar panels.
What's going on here?
Here's a quick primer with some charts 👇

MPs hear from experts warning climate crisis is major national security risk, being taken seriously at top levels of govt in countries such as US and Germany - right after PM Rishi Sunak makes major national security speech without mentioning #climate theguardian.com/environment/ar…

Thanks Daniel Gay - v. useful paper by Sunayana Sasmal & UKTPO, rightly points to urgent need to consider S&DT for LDCs wrt CBAM.

We need this across new green trade measures (e.g. EUDR) + clarity wrt support inc. AfT, tech transfer..

Plus more consideration of SIDS/SVEs

I will continue to work with my partners across sectors to ensure any action complements the Biden-Harris Administration’s efforts to expand opportunities for American workers and manufacturers.
ustr.gov/about-us/polic…

In just a week, there have been three major speeches from the government and the The Labour Party opposition warning of a more dangerous world.

Chatham House's new paper today maps out a pragmatic path for the next UK government on international issues.

🧵 1/7
x.com/ChathamHouse/s…

Leading trade, climate and finance experts convened last week for a landmark event to discuss the urgent need to restructure global trade to combat climate change and ensure a #JustTransition .

Read more about the workshop here👇
e3g.org/news/leading-e…

MAY 15: Alicia GarciaHerrero 艾西亞, Tianlei Huang, & Tu Xinquan join Cecilia Malmström to discuss China's short- & medium-term trade strategies, its role in the WTO, how the economy is actually doing, & more.
Register: …rinternationaleconomics.formtitan.com/ftproject/even…

We also launched the #VillarsFramework – a bold plan to align trade w/ the #ParisAgreement & SDGs – and discussed:
♻️ #WTOReform for #NetZero
⚖️Fair #CBAMs
🌱Rethinking subsidies for a green economy
💰Unlocking trade finance for #ClimateAction

📰Read more: odi.org/en/insights/le…

Delighted to launch the 'Villars Framework' with Remaking Global Trade .Jan Yves Remy .Yale University & .@E3G

Much needed 🔎 on UKs current & future policy F/Ws

🍃 trade measures ⚖️ SDGS
💷 investment

.Bernice Lee .George Riddell .David Kleimann | @dkleimann.bsky.social 🌤 .Sarah Colenbrander .Dirk Willem te Velde

The new critical mineral mining projects needed offer opportunities for developing countries.

#Africa boasts over a fifth of the world's reserves for a dozen metals essential to the energy transition, including 19% of those required for electric vehicles. ow.ly/x5Eg50Rtoya

Very important new paper highlighting the rationale for low carbon tech transfer alongside the green industrial policy push!

Xiaolan Fu Adriana Erthal Abdenur Carlota Perez Rasmus Lema Roberta Rabellotti

This is fantastic news .Deodat Maharaj 🎉 so much to do on this front given the climate emergency - access to technologies are critical to suport #LDCs adapt + plug into new transformational trade opps .ODI_Trade .ODI .ODIclimate .Enhanced Integrated Framework

.Prof. Dr. Hasan Mandal, many thanks for your warm welcome & excellent support for UN Technology Bank for Least Developed Countries. Looking forward to working with you to deliver results for LDCs leveraging #technology #science and #innovation . UN Technology Bank for Least Developed Countries committed to this agenda. @UN Rabab Fatima UN-OHRLLS African Development Bank Group

.United Nations - Actually #Caribbean as a Region, has the highest cost of electricity in the world, higher than any other Region. Green economy transition is a big issue and an imperative for both SIDS and all countries that are LDCs.

.Doel Mukerjee, 🙏and look forward to finding ways to work in #Somalia with u and ur team to deliver results for those who need the most support. UN Technology Bank for Least Developed Countries cmmitted to this agenda.

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FT: 'Last month the IMF reported that of no less than 2,500 industrial policy actions around the world in the last year alone, “more than two-thirds were trade-distorting as they likely discriminated against foreign commercial interests”.

ft.com/content/ef12d3… via @ft

🌍 NEW report from Marina Zucker-Marques Kevin P. Gallagher + Uli Volz finds that 47 emerging market + developing economies will face insolvency problems in the next 5 years if they seek to ramp up investment to meet climate + development goals.

Read more: gdpcenter.org/3xQYUQH