Ms Margareth Sembiring, Associate Research Fellow at the NTS Centre, is presenting her view on the possible implications of the EU’s Carbon Border Adjustment Mechanism (CBAM) on decarbonisation processes in Southeast Asia.
Sino-US competition and its spill over effects are affecting every Asian economy. Supply chains, economic retreats, investment retrenchments and politically motivated reallocation of resources haunt the growth prospects of the Indo-Pacific region. As the two powers vie for influence and strategic advantage, economies in the region face more challenges in their management of the COVID-19 pandemic and the severe disruptions inflicted on them. There is also increasing concern about the impact of climate change and environmental degradation. With rising protectionism and declining support for multilateralism, there are significant long-term implications for everyone in the region. Taiwan’s southbound diplomacy may find the issues discussed in this Webinar relevant and insightful. Likewise, Singapore seeks to better understand the granularity of current trends in the region. The Taiwan WTO and RTA Center at the Chung-Hua Institution for Economic Research (CIER) and the S. Rajaratnam School of International Studies of the Nanyang Technological University Singapore jointly host this closed-door Webinar.