Bridging the Divide: Assessing the Viability of International Cooperation on Border Carbon Adjustments

The report examines the necessity of international cooperation to prevent the uncoordinated proliferation of divergent Border Carbon Adjustment (BCA) mechanisms, which could increase transaction costs and hinder climate diplomacy. It evaluates three emerging cooperation models: the G7 Climate Club, the Global Arrangement on Sustainable Steel and Aluminium (GASSA), and the OECD's Inclusive Forum on Carbon Mitigation Approaches (IFCMA).

• The proliferation of uncoordinated and divergent BCA designs across different jurisdictions risks creating higher administrative and transaction costs, as well as negatively impacting broader international climate diplomacy.
• The EU's Carbon Border Adjustment Mechanism (CBAM) is expected to be followed by other jurisdictions implementing similar measures to support climate mitigation, national security, or industrial policy goals.

APA

Climate Strategies (2023). Bridging the Divide: Assessing the Viability of International Cooperation on Border Carbon Adjustments. https://climatestrategies.org/publication/bridging-the-divide-assessing-the-viability-of-international-cooperation-on-border-carbon-adjustments/

Chicago

Climate Strategies. Bridging the Divide: Assessing the Viability of International Cooperation on Border Carbon Adjustments. 2023. https://climatestrategies.org/publication/bridging-the-divide-assessing-the-viability-of-international-cooperation-on-border-carbon-adjustments/.

Wikipedia

{{cite report |author=Climate Strategies |title=Bridging the Divide: Assessing the Viability of International Cooperation on Border Carbon Adjustments |date=8 December 2023 |url=https://climatestrategies.org/publication/bridging-the-divide-assessing-the-viability-of-international-cooperation-on-border-carbon-adjustments/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatestrategies2023bridging, author = {{Climate Strategies}}, title = {{Bridging the Divide: Assessing the Viability of International Cooperation on Border Carbon Adjustments}}, institution = {Climate Strategies}, year = {2023}, month = dec, url = {https://climatestrategies.org/publication/bridging-the-divide-assessing-the-viability-of-international-cooperation-on-border-carbon-adjustments/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }