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Launch of the ERCST Guide to the EU CBAM
27 27+01:00 September 27+01:00 2021 @ 13:00 - 15:00
|The European Green Deal has strengthened the level of climate ambition, increasing the asymmetry of climate efforts by aiming to achieve climate neutrality in the European Union by 2050. This raises the question of how to deal with competitive pressure and carbon leakage, pushing Border Carbon Adjustments (BCAs) to the front as a possible solution.
Since the beginning of the CBAM Project, ERCST presented the Sectoral CBAM Report with a deep dive into the specificities of individual sectors as well as issues and options of the general CBAM Design. It was followed by the Proposal and discussed with multiple stakeholders in the EU and internationally.
During this meeting the ERCST will present the reaction to the CBAM Proposal based on the earlier studies of CBAM design and redlines.
ERCST’s project on border carbon adjustment is supported by BDI, CEFIC, EBRD, Enel, Eurofer, Eurometaux, Fertilizers Europe, FuelsEurope, HeidelbergCement, the Government of France, the Government of Germany, the Government of Spain, Metinvest, Solvay and Finnish Innovation Fund Sitra.
EU CBAM Brief for Policy Makers