1 - The EU as an International Actor in Trade, Climate and Investment Regimes Flashcards
What topics does this lecture about the EU as an international actor touch upon? (3)
1/ nature and role of EU as international actor in areas of trade, climate and investment
2/ EU main constitutional and policy objectives in these areas
3/ means by which EU seeks to achieve these objectives
What does IPCC Synthesis Report of 2023 expose? (5)
1/ continued increase in GHG emissions
2/ global warming is 1.1°C above pre-industrial levels
3/ heatwaves, heavier rainfall and other weather extremes
4/ food and water insecurities
5/ emissions should be decreasing now and will need to be cut almost half by 2030 if warming is to be limited to 1.5°C
What are downsides of relying on data regarding emissions per capita? (5)
1/ does not take into account historical emissions
2/ individualising the problem?
3/ does not include companies
4/ may lead to carbon leakage
5/ redistributive effect
What is a main difficulty and problem today regarding carbon emissions? (2)
1/ what is a fair share in the carbon budget?
2/ how can we distribute emissions fairly among all?
What has a tremendous impact on the reduction of carbon emissions? (2)
1/ the rate at which we chose to reduce emissions
2/ linked to choice of budget and trajectory
Considerations on EU objectives regarding climate change, trade and investment? (2)
1/ EU wishes to be a global leader regarding climate change
2/ appears to support theory of win-win of climate goals and economic growth
What are examples of international initiatives regarding regulation of envt and role EU (failure, success)? (3)
1/ Copenhagen 2009: failure
2/ Paris 2015: triumph
3/ Sharm el-Sheikh 2022: unclear, mixed feelings
EU approach and consequences at Copenhagen in 2009? (4)
1/ EU wanted a top-down approach with centralised mechanism for distribution of mitigation measures
2/ EU in favor of global rules-based system and multilateralism
3/ but ultimate failure of EU to exercise global leadership
4/ EU put itself into a straightjacket and was unable to move away from the polycentric position agreed upon in Brussels
Why can Paris 2015 be considered a triumph? (3)
1/ adoption of NDCs
2/ aims and objectives of EU seemingly shifted, prevalence of sovereignty
3/ now, only normative expectation that States will avoid crossing a certain amount of emissions but no binding obligation to do so
To what extent can Sharm el-Sheikh 2022 be considered a success? What are criticisms? (4)
1/ adherence to idea of Carbon Capture and Storage (CCS)
2/ in favor of continuing current lifestyles and trust in dvpt of future technical solutions to solve pbs generated by global warming
3/ new commitments on financial loss and damage: both mitigation and adaptation via Loss and Damage Fund
4/ big criticism linked to fact that leader of talks was president of big fossil fuel company
What are institutions and instruments for global climate governance? (7)
1/ UNFCCC (approx. 200 States parties)
2/ COPs
3/ IPCC
4/ Paris Agreement (2015)
5/ Glasgow Climate Pact (2021)
6/ Kyoto Agreement (1997)
7/ NDCs
Examples of international governance failures in areas of climate, trade and investment? (4)
1/ WTO
2/ UNCLOS
3/ UN
4/ 2030 UN Sustainable Dvpt Agenda (SDA) = utopia?
Why can WTO be considered as global governance failure? (4)
1/ inability to reach new agreements
2/ failure DS system
3/ pressure on idea that trade leads to democracy and well-being
4/ current WTO system does not take into account externalities of trade (planetary boundaries to ever more trade?)
Why can UNCLOS be considered a global governance failure? (2)
1/ although compulsory adjudication to enforce LOS
2/ failure as UN body to seriously counter ocean acidification and plastic continents
Why can UN be considered a global governance failure?
Inability to uphold system of international peace and security it is set out to achieve