Impact of Climate Change Mitigation Policies in OECD Countries on Carbon Emissions Intensive Export Industries in Latin America

This paper focuses on carbon-intensive export industries in Latin America and the Caribbean in order to analyze how climate change mitigation policies in the developed countries of the Organization of Economic Cooperation and Development (OECD) influence trade patterns in developing countries. In particular, it examines Latin American's exposure to potential embodied carbon tariffs and the region's response and actions to avoid said tariffs. The carbon-intensive industries in Latin America were chosen as examples based on the list of industrial sectors identified as "exposed to a significant risk of carbon leakage" in the European Commission Decision at the end of 2009