1、Policy Research Working Paper10988Global Ripple EffectsKnock-on Effects of EU,US,and China Climate Policies on Developing Countries TradeEnrique Aldaz-CarrollEuijin JungMaryla MaliszewskaIryna SikoraEconomic Policy Global DepartmentTrade November 2024 Public Disclosure AuthorizedPublic Disclosure Au
2、thorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedProduced by the Research Support TeamAbstractThe Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues.An objective of the series is to get the fin
3、dings out quickly,even if the presentations are less than fully polished.The papers carry the names of the authors and should be cited accordingly.The findings,interpretations,and conclusions expressed in this paper are entirely those of the authors.They do not necessarily represent the views of the
4、 International Bank for Reconstruction and Development/World Bank and its affiliated organizations,or those of the Executive Directors of the World Bank or the governments they represent.Policy Research Working Paper 10988The three major players in the global economy,the United States,the European U
5、nion,and China,have been design-ing climate mitigation policies that will help reduce their carbon emissions but will also likely reshape developing countries trade,prices,and access to technology.This paper examines developing countries exposure to such changes.Overall,the policies are expected to
6、curtail demand for fossil fuels,energy-intensive manufacturing,and agricul-tural exports linked to environmental degradation.They are also expected to open export opportunities in criti-cal minerals,electric vehicles and their components,and renewable energy technologies and components.The expo-sure
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