The Impact of the EU Carbon Border Adjustment Mechanism and China's Response——From the Perspective of the High-Quality Development of "The Belt and Road"
In order to prevent carbon leakage and maintain a fair competition order,the European Union introduced the Carbon Border Adjustment Mechanism,which requires importers to purchase carbon certificates linked to the price of emission allowances for a specific range of imported products.From the legal point of view,this mechanism is a product of the combination of climate unilateralism and trade protectionism,as trade regulation is carried out in the name of"environmental protection".Examined from the perspective of high-quality development of"The Belt and Road",the mechanism will not only promote the construction of regional carbon trading markets and strengthen the climate governance constraint mechanism,but also hinder the development of regional economic cooperation and coordinated climate governance.Based on the impact of the European Union Carbon Border Adjustment Mechanism on the high-quality development of"The Belt and Road",China,as a"The Belt and Road"Initiative country,should adhere to the basic position of multilateralism in climate governance and coordinate the promotion of domestic rule of law and foreign-related rule of law in the field of climate on the overall scheme.In terms of concrete actions,China can interact with international rules on climate and rules on economic and trade,promote the unification of the international legal system for climate governance,so as to achieve green and sustainable development of"The Belt and Road"region and even the world.
Carbon Border Adjustment MechanismThe Belt and RoadClimate GovernanceTrade RegulationSustainable Development