Abstract
The problem of climate change is a global challenge that requires a joint solution at various levels—global, regional, national, and individual. At the same time, modern global and economic processes are characterized by two significant trends: the growth of regionalization and the intensification of deglobalization, which cannot but affect the architecture of the climate agenda. In this article, we review the current state of the multilevel climate agenda and discern the factors of this agenda that affect the activities of multinational enterprises in the context of deglobalization. We conclude that we should expect further fragmentation in the climate regulation system at the global level, which will affect the configuration of global value chains (GVC) of companies. The regionalization of GVCs increases the importance of regional interaction and building relationships between business and government on climate issues to ensure economic competitiveness along the entire value chain from upstream to downstream.
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