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Spillover Effects of Carbon Footprint Labelling on Less Developed Countries: The Example of the East Asia Summit Region
Authors:Xunpeng Shi
Abstract:The spillover effects of carbon footprint (CFP) labelling are particularly significant in the East Asia Summit (EAS) region which has closely integrated production networks, wide development gaps and predominantly small and medium‐sized enterprises. Poor management of the effects would undermine not only the effectiveness of CFP labelling, but also EAS efforts towards economic integration and the narrowing of development gaps. Well‐designed labelling schemes, accessible and affordable data and transparent certification processes are essential, as well as capacity‐building and engagement of non‐labelling countries, in particular LDCs.
Keywords:Carbon footprint  carbon label  spillover effect  less developed countries  East Asia Summit
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