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161. Crafting a Robust U.S. Carbon Border Adjustment Mechanism

Author:
Sanam Rasool, William Alan Reinsch, and Thibault Denamiel
Publication Date:
08-2024
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
The introduction of a carbon border adjustment mechanism (CBAM) in the United States presents an intricate policy challenge at the intersection of climate action and international trade. With countries around the world integrating climate considerations into their trade policies, the United States is under growing pressure to develop and implement its own CBAM. This policy tool, already adopted by the European Union, is geared toward leveling the playing field for domestic industries while promoting global climate action and accountability. A future U.S. CBAM could serve as a vital instrument in the nation’s transition toward a net-zero economy, encouraging domestic carbon footprint reduction and driving trading partners to adopt cleaner practices. However, crafting and rolling out such a mechanism comes with knotty challenges, ranging from choosing optimal carbon accounting methods and pricing to warding off potential trade disputes and garnering global collaboration. As the United States charts its course through this complex policy landscape, it has the opportunity to shape global climate action while safeguarding its economic interests.
Topic:
Climate Change, International Trade and Finance, Economy, and Carbon Border Adjustment Mechanism (CBAM)
Political Geography:
North America, Global Focus, and United States of America

162. Enhancing Prospects for Peace between Armenia and Azerbaijan through Joint Climate Change and Energy Security Action

Author:
Anar Ahmadov, Agha Bayramov, Tatul Manaseryan, and Arman Martirosyan
Publication Date:
11-2024
Content Type:
Policy Brief
Institution:
The Geneva Centre for Security Policy
Abstract:
This Policy Brief outlines practical ways in which environmental and energy cooperation between Armenia and Azerbaijan could foster regional stability and peace amid the looming impacts of climate change. Collaboration on shared resources could mitigate the negative impacts of cross-border environmental challenges while fostering mutual trust, thereby reducing the risk of future conflicts. Joint efforts to produce and transmit renewable and non-renewable energy resources could further promote regional stability by strengthening energy security and deepening economic interconnectivity. Joint action on climate change is becoming increasingly urgent in the South Caucasus, especially between Azerbaijan and Armenia. Both countries face serious economic, social, and political risks from climate impacts, including rising temperatures, reduced precipitation, desertification, extreme weather, water scarcity, and the spread of diseases. Armenia and Azerbaijan are also likely to face challenges affecting energy dependence and security, although in different ways. These challenges are likely to strain resources, heighten tensions, and increase the potential for conflict within and between these two nations. To mitigate climate change impacts, enhance energy security, and reduce the risk of conflict, cooperation is crucial, particularly as Armenia and Azerbaijan navigate a fragile post-conflict environment. The Policy Brief proposes five actionable policy options to promote environmental and energy cooperation. Their implementation would create platforms for government representatives, experts, and civil society members and organisations to jointly study, deliberate, and negotiate through technical and economic communication channels, fostering mutual understanding, confidence building, and reconciliation through shared problem solving. After discussing these policy options, the Policy Brief concludes by summarising the key take-aways from this important discussion.
Topic:
Civil Society, Climate Change, Regional Cooperation, and Energy Security
Political Geography:
Armenia, Azerbaijan, and South Caucasus

163. Geopolitical Features, Common Interests and the Climate Crisis: The Case of the Arctic

Author:
Lassi Heininen
Publication Date:
05-2024
Content Type:
Working Paper
Institution:
The Geneva Centre for Security Policy
Abstract:
In the 1990s an inspiring sense of a “new North” became apparent in Arcticrelated ideas and innovations that indicated the end of the Cold War period. This included arms control initiatives, cross-border cooperation and sustainability “to decrease military tension and increase political stability”, an emerging environmental awakening among peoples and societies, knowledge-building by indigenous peoples and the scientific community, and new forums for opening up discussions on regional development. The Arctic seemed to be in a state of constant transformation (geo)politically, economically, culturally and environmentally. Some of the outcomes of these processes were impressive, transforming the Arctic from a site of military tension to one reflecting geopolitical stability. When analysing this transformation and the ways in which the Arctic states reconstructed their geopolitical reality prior to 24 February 2022, the main conclusion is that this would not have been possible without key features of Arctic geopolitics, security and governance creating suitable conditions for cross-border cooperation, which correspondingly increased stability. In the same way, cooperation, mostly in terms of fields of low political interest, was made possible because the eight Arctic states shared similar interests. But now this transformation, which is also called the “Arctic model”, is threatened by a new transformation from a state of high geopolitical stability to one characterised by the uncertainties of the climate crisis and new East-West tensions, resulting in a pause in pan-Arctic cooperation during which the Arctic Council has not been able to return to business as usual. The focus of this Geneva Paper, based on the author’s previous studies and personal observations after the Russian invasion of Ukraine in February 2022, is this new transformation and its influences on cooperation. The aim is to assess whether the fundamentals of the previously applicable common interests are still valued, and to what extent they could be used as the means for confidence-building in the region. Similarly, if the fundamentals of the special features of Arctic geopolitics, security and governance are in place, the question then becomes to what extent they could be interpreted as prerequisites for more widespread cooperation and geopolitical stability. Finally, if the search for stability that was the original ultimate aim of the Arctic states and Arctic indigenous peoples were still valued, would it motivate the Arctic states’ governments to more effectively align their policies when facing the climate crisis. This could be done by integrating cooperation on environmental protection, climate change mitigation, and science into their climate and foreign policies. Much is clearly at stake, for if we lose the region’s human-made peace dividend that was consciously built during the 35 years before February 2022, then the multiple crises and world disorder that are looming and threatening the entire world community would be much more difficult to resolve.
Topic:
Climate Change, International Cooperation, and Geopolitics
Political Geography:
Arctic and Global Focus

164. Economic Performance in US Fossil Fuel Communities

Author:
Noah Kaufman, Ariane Desrosiers, and Sarah Doctor
Publication Date:
12-2024
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
Rapidly reducing greenhouse gas emissions from fossil fuels to address the severe threats of climate change requires economic transformations that pose challenges for regions heavily dependent on coal, oil, natural gas, or other carbon-intensive industries. The United States is the world’s largest producer of oil and natural gas and the fourth-largest producer of coal, and communities across the country depend heavily on fossil fuel industries for jobs, investments, and public revenues that fund schools and other critical services. These communities will need considerable support to successfully navigate a global transition away from fossil fuels, and a better understanding of their local economies will help policymakers design and implement pragmatic support. However, scant evidence exists for such use today. This report, part of the Resilient Energy Economies initiative co-led by the Center on Global Energy Policy at Columbia University SIPA, uses a novel dataset and case studies to establish a baseline of local economic performance in fossil fuel–dependent communities between 2004 and 2019. This period captures the peak and first decade of decline of the US coal industry as well as the shale revolution that boosted US oil and gas production.
Topic:
Climate Change, Energy Policy, Finance, Fossil Fuels, and Carbon Emissions
Political Geography:
North America and United States of America

165. Triggering Investment in First-of-a-Kind and Early Near-Zero Emissions Industrial Facilities

Author:
Chris Bataille, Seton Stiebert, and Jonas Algers
Publication Date:
08-2024
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
Among the most significant challenges to achieving the Paris Agreement goal of global net-zero CO2 emissions by 2055–2075 is addressing the so-called “hard-to-abate” heavy industrial sectors such as iron and steel, cement and concrete, ammonia, methanol, and high value feedstock chemicals like olefins. These sectors accounted for 7.5 Gt CO2 or 20.4 percent of global emissions in 2021, and global demand for their products will only rise until broad development goals are met everywhere. Moreover, nearly all heavy industrial plants being planned or in construction today are fossil based, with the exception being a handful of small-scale pilot facilities. Given that plants tend to operate for at least 20 years before their first deep renovation, and 40–80+ years overall, these new ones will likely still be in operation by the time global CO2 emissions must be net-zero (~2050–2060), after which heavy industry players that are still emitting will likely need to pay for CO2 removal (CDR) from the atmosphere. The cumulative CO2 emissions between now and then and the likely very high cost of CDR are driving society, governments, and firms to make near-zero emissions the default minimum standard for all new and retrofit facilities by the end of the 2020s. However, fulfilling that standard is no easy task. The main bottleneck is less technological in nature than financial and market based. At the current state of the art, near-zero emissions plants simply cost more than fossil-based plants, and meanwhile, no demand pull or market exists for lower-emission industrial products. Given the urgency of the task at hand amid the global climate crisis and the current lack of a business case to undertake it, strong policy signals can be used to incentivize early investment in near-zero-carbon heavy industry. This report, part of the Carbon Management Research Initiative at the Center on Global Energy Policy at Columbia University SIPA, explores financial policy instruments that can make first-of-a-kind (FOAK) near-zero emission industrial facilities viable. The report finds that such FOAKs can then be used as low-risk, replicable models for rapidly transforming the “hard-to-abate” sectors and ultimately facilitating a transition to full net-zero emissions for industry as a whole.
Topic:
Climate Change, Investment, Industry, Carbon Emissions, Net Zero, and Abatement
Political Geography:
Global Focus

166. China Will Step Up if the US Falls Behind on Climate Action

Author:
Pey Peili and Danielle Lynn Goh
Publication Date:
11-2024
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Even under a second Trump administration, climate targets and negotiations will continue, with China stepping up to lead the global energy transition. Southeast Asia must brace itself for protectionist measures from the United States and China, and increased competition between the two in renewable energy.
Topic:
Climate Change, Renewable Energy, Donald Trump, Protectionism, Competition, and Energy Transition
Political Geography:
China and Asia

167. Economic Impacts of Climatic Change on African Women

Author:
Hélène Maisonnave and Martin Henseler
Publication Date:
08-2024
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Lower access to money and assets makes women less resilient against climate change impacts, like extreme weather events (floods, drought) and scarcity of resources such as water and food. In agriculturally based economies in Africa, most women work in the climate-sensitive agricultural sectors. Moreover, women face time poverty because they are the main ones responsible for domestic work, for example, childcare, collecting water and fuel, and food preparation. At the same time, women are extremely important for the current and future economic growth in developing economies. In Africa, all these women-specific challenges apply on a continent highly exposed to the impacts of climate change but are regionally heterogeneous. Understanding the region-specific impact of climate change on women is the key to designing effective and efficient policies to counteract the negative impacts on women.
Topic:
Agriculture, Climate Change, Economics, Natural Disasters, and Women
Political Geography:
Africa

168. ASEAN One Health Efforts: Tackling the Intersections of Climate Change and Health

Author:
Danielle Lynn Goh
Publication Date:
07-2024
Content Type:
Commentary and Analysis
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Climate change and global warming are adversely impacting the environment, and, in turn, human health. Southeast Asia is especially vulnerable. ASEAN policymakers must prioritise regional cooperation to address these challenges. ASEAN’s One Health approach is a good starting point.
Topic:
Climate Change, Health, and ASEAN
Political Geography:
Asia

169. Engaging WPS in Climate Security – ASEAN Perspectives

Author:
Tamara Nair
Publication Date:
05-2024
Content Type:
Working Paper
Institution:
Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
Abstract:
Climate change processes are acknowledged as critical components of regional and international security, and there is scope for the Association of Southeast Asian Nations (henceforth, ASEAN) to mobilise all segments of its population and existing plans of action addressing climate change to confront this challenge. The role of women in ASEAN’s peace and security and their role climate change mitigation can and should be acknowledged and strengthened systematically. The ASEAN Women, Peace and Security Regional Plan of Action (WPS RPA) offers such an opportunity for increased regional cooperation to build resilience and enhance resourcefulness of women’s formal, but in particular, informal networks. Although climate change does feature in the RPA, it is not within the specific focus of how the WPS framework might work in addressing the need for gender sensitive responses to the effect of climate change. This Insight discusses possible advantages of using the RPA in this manner.
Topic:
Security, Climate Change, Resilience, ASEAN, Women, Peace, and and Security (WPS)
Political Geography:
Asia and Southeast Asia

170. Growth, Decarbonisation, Security: a Recipe for Strengthening the EU's Economic Condition

Author:
Melchior Szczepanik and Jolanta Szymańska
Publication Date:
10-2024
Content Type:
Working Paper
Institution:
The Polish Institute of International Affairs
Abstract:
Mario Draghi and Enrico Letta, in their reports on the economic condition of the EU, urge the organisation to double down on its objectives formulated in recent years: stimulating growth in a manner consistent with climate policy and reducing dangerous economic dependencies. The most controversial issue is how the recommended measures will be financed. Their implementation also will require striking a balance between several priorities—not entirely compatible—both within EU economic policy and in relations with main economic partners.
Topic:
Security, Climate Change, European Union, Economy, Economic Growth, and Decarbonization
Political Geography:
Europe