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Development impact of EU’s CBAM

16 16+01:00 March 16+01:00 2022 @ 15:30 - 17:00

Co-convened by ERCST and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

This event is on the record / press is invited. 

The European Green Deal has strengthened the level of climate ambition by aiming to achieve climate neutrality in the European Union by 2050. The European Commission has proposed a Carbon Border Adjustment Mechanism (CBAM) as the preferred option to address the risk of carbon leakage.

This session will explore the development dimension of the proposed CBAM along the following guiding questions:

  • What are the expected impacts of the CBAM for developing country exporters?
  • What design element choices are most important in determining those impacts?
  • What parallel measures (outside the CBAM legislation) might the EU adopt to best position the CBAM from a development perspective?
  • What kinds of policies might exporting developing countries adopt to support their exporters as the CBAM comes into effect?

The event will take place online.

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Date:
16 16+01:00 March 16+01:00 2022
Time:
15:30 - 17:00
Event Category: