On May 4, 2022, the Friends of Multilateralism Group (FMG) organized a brainstorming session to discuss Carbon Adjustment, Climate Change and WTO Reform, based on the recent papers: Border Carbon Adjustments: Should Production or Consumption be Taxed? of Will Martin, Senior Research Fellow in IFPRI’s Markets, Trade, and Institutions Division, and Can EU Carbon Border Adjustment Measures Propel WTO Climate Talks? of Gary Clyde Hufbauer, Nonresident Senior Fellow of the Peterson Institute for International Economics. Bernard Hoekman, FMG member, Professor and Director, Global Economics at the Robert Schuman Centre for Advanced Studies, European University Institute moderated this session.

 

Will Martin; Gary Clide Hufbauer; Ignacio Garcia Bercero, Director in charge of Multilateral Affairs, Strategy, Analysis and Evaluation at DG Trade in the European Commission; and Alice Tipping, Lead of Sustainable Trade and Fisheries Subsidies at the International Institute for Sustainable Development shared their insights about carbon adjustment, climage change and WTO reform, followed by discussions among participants.

 

Nearly 50 participants joined the brainstorming, including members of FMG, Ambassadors/DPRs of WTO members, and representatives from related international organizations and experts from renowned universities.  

 

Recording of this session can be watched via: https://youtu.be/kC1HnJI73T4

 

Annex 1: Program

 

15:30-15:32

Opening Remarks

Speaker: Xiankun Lu (FMG)

15:32-15:35

Introduction

Speaker: Bernard Hoekman (FMG)

 

 

15:35-16:15

Presentations

Moderator: Bernard Hoekman (FMG)

15:35- 15:45

Speaker 1: Will Martin (IFPRI)

15:45- 15:55

Speaker 2: Gary Clyde Hufbauer (PIIE)

15:55- 16:05

Speaker 3: Ignacio Garcia Bercero (European Commission)

16:05-16:15

Speaker 4: Alice Tipping (IISD)

 

 

16:15- 17:00

Discussions

Moderator: Bernard Hoekman (FMG)

 

Annex 2: List of confirmed participants

 

1.FMG

Mercedes ARAOZ (FMG)

Richard BALDWIN (FMG)

Clemens BOONEKAMP (FMG)

Daniel CROSBY (FMG)

Simon EVENETT (FMG)

Jonathan T. FRIED (FMG)

Stuart HARBINSON (FMG)

Bernard HOEKMAN (FMG)

Alejandro JARA (FMG) 

Maxim MEDVEDKOV (FMG)

Xiankun LU (FMG)

Mia MIKIC (FMG)

Sherry STEPHENSON (FMG)

John M WEEKES (FMG)

TU XINQUAN (FMG)

 

2.WTO Missions

Egypt: Ahmed Ihab Gamaleldin, Ambassador

Czech: Lenka Sustrova, DPR

Mexico: Ismael Ortiz, DPR

 

3.WTO Secretariat

Joost Pauwelyn, Arbitrator, Multiparty Interim Appeal Arbitration Arrangement

Werner Zdouc, Director, Knowledge and Information Management, Academic Outreach and WTO Chairs Programme

Gabrielle Marceau, Counsellor for Research on Legal Policy, Economic Research and Statistics Division

Lim Aik Hoe, Director, Trade and Environment Devision

 

4.International Organizations

Ignacio Garcia Bercero, European Commission

 

5.Think Tanks

Gary Hufbauer, PIIE

Bill Reinsch, PIIE

Jeff Schott, PIIE

Stefan Tangermann, New Pathways

Alice Tipping, IISD

Will Martin, IFPRI

 

6.Universities

Mike Young, University of Adelaise

Xiaozhun Yi, UIBE

Peter Van den Bossche, WTI