D4 Julkaistu kehittämis- tai tutkimusraportti tai -selvitys

Climate Policies as a Soft-Power in Carbon-Based New World Paradigm:
Planet-as-a-Service, a Holistic Framework for Global Decarbonization





TekijätKarayel, Tolga; Aydoğan, Doga; Menase, Cem L.; Sönmez, Egem

Julkaisuvuosi2024

Verkko-osoitehttps://assets.kpmg.com/content/dam/kpmg/tr/pdf/2024/07/Climate-Policies-as-a-Soft-Power-in-Carbon-Based-New-World-Paradigm.pdf

LisätietojaPublisher: KPMG Turkiye.


Tiivistelmä

This research explores how major global economies leverage climate initiatives to establish

and enhance their geopolitical influence. Focusing on the strategies employed by China,

the European Union, and the United States, the study examines how these regions use

various policies and technologies to exert influence and promote their geopolitical interests

under the guise of climate leadership. The analysis delves into China's dominance in

exporting green technology, the EU's regulatory mechanisms such as the Carbon Border

Adjustment Mechanism (CBAM), and the United States' climate financing and investment

initiatives.

The rationale for this study is rooted in the global climate crisis, which demands collaborative

international action. However, this crisis also presents opportunities for countries to extend

their influence through technology exports, financial mechanisms, and regulatory

frameworks. Understanding how these tools are utilized not only to address environmental

challenges but also to set international standards and reshape global trade dynamics is crucial

for developing effective and equitable climate policies.

China's export of green technology, supported by substantial government subsidies and

strategic policies, has positioned it as a global leader in sectors like solar panels, wind

turbines, electric vehicles, and lithium-ion batteries. The EU's CBAM aims to prevent carbon

leakage and enforce global decarbonization, impacting countries with less stringent climate

policies. The United States, through significant climate financing and legislative measures

such as the Inflation Reduction Act, seeks to influence global climate policy while mitigating

domestic economic risks.


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