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Trade, Technology Transfer and Climate Change
Current developments in regulatory regimes raise concerns about the manner in which technology transfer is likely to pan out in the debate on climate change. Existing trade agreements have made developing countries cope with environmental challenges in meeting standards. Given that India's exports face increasing vulnerability if trade measures were to be adopted by the developed countries, existing financial mechanisms for risk mitigation need to be strengthened alongside creation of a separate technology transfer mechanism.
COMMENTARY
| Trade, Technology Transfer and Climate Change | emissions reduction target for developing countries such as India, backed by legal measures to penalise non-compliance. Alternatively, it could lead to trade meas |
| ures aimed at offsetting possible asym | |
| metries in competitiveness and preventing | |
| Purnamita Dasgupta, Nisha Taneja | carbon leakage that occurs through the |
Current developments in regulatory regimes raise concerns about the manner in which technology transfer is likely to pan out in the debate on climate change. Existing trade agreements have made developing countries cope with environmental challenges in meeting standards. Given that India’s exports face increasing vulnerability if trade measures were to be adopted by the developed countries, existing financial mechanisms for risk mitigation need to be strengthened alongside creation of a separate technology transfer mechanism.
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