While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the...

The European Union (EU) is implementing a Carbon Border Adjustment Mechanism (CBAM) at its borders, which will require exporters of basic materials to surrender emission permits when exporting to the EU market. Since it makes foreign producers compete under a carbon price, the EU CBAM may...

Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more recently. Transfers for financing single projects...