30 Jun How Do Tariffs Affect the Global Supply Chain of Clean energy technologies, and what are the implications for Energy affordability in Low-Income countries?

Helena Videla

School of Politics, Economics and Global Affairs, IE University, Madrid, Spain

E-mail: hvidela.ieu2022@student.ie.edu.

Abstract

Economic considerations are crucial in a country‘s transition to clean energy. T rade policies, particularly tariffs, significantly impact the global supply chain of clean energy technologies, which in turn affect energy affordability, especially in developing countries. The Global South often relies on imports for clean energy technologies and is particularly vulnerable to price fluctuations caused by trade policies. The capacity of low-income countries to access affordable clean energy is critical for their economic development and for achieving global sustainability goals and effectively adapting to United Nations Sustainable Development Goal 7, which aims to ensure access to “affordable, reliable, sustainable and modern energy for all.”

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Keywords: T rade Policies, T rade W ars, Clean Energy T echnologies, Supply Chains, SDG 7.