Combating the new wave of climate-related trade protectionism

Category : Climate Change | Location : International  | Posted on 2022-12-09 09:59:25

Several countries across the world are recording a sustained reduction in greenhouse gas emissions. In case of advanced economies in particular, CO2 emission per capita has fallen by 1.8 Gt since 2000. However, there is growing evidence that this reduction in emissions by advanced economies can be partly attributed to the displacement of emission-intensive production to developing economies. In several developed countries, while production-based emissions have stagnated or declined, the consumption-based emissions, which is adjusted for trade, continues to increase.

Source: https://www.hindustantimes.com/ht-insight/climate-change/combating-the-new-wave-of-climate-related-trade-protectionism-101670479841742.html