Deep mitigation for trade-embodied carbon emissions among the Belt and Road Initiative countries

Abstract

Summary: The frequent trade within and beyond the Belt and Road Initiative (BRI) has prospered the economy but has also expanded carbon emissions. Here, through a multi-regional environmental input-output analysis framework, we explore the patterns and inter-sectoral linkage of trade-embodied carbon emissions among BRI countries during 2015–2019. Then, a dynamic data envelopment analysis model considering carbon inequality as a non-discretionary input is constructed to assess the carbon emission efficiency of the identified key sector. We find that trade-embodied carbon emissions in the BRI steadily increased during 2015–2019. The manufacturing sector was identified as the key sector, exhibiting an overall efficiency of 0.6268 on average, with significant efficiency disparities. Moreover, we validate the positive role of efficiency enhancement in carbon emission mitigation, as well as the negative moderating effect of carbon inequality. Overall, this study provides optimal collaboration and initiatives to mitigate trade-embodied carbon emissions among BRI countries deeply.

Keywords

• environmental management
• environmental policy
• global carbon cycle