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. […]
The European Commission has put forward a proposal for a Carbon Border Adjustment Mechanism (CBAM) – an enabler of ambitious climate policy in a world of unequal ambition. As other countries respond to the climate crisis, we can expect to see them follow suit. Indeed, the UK has pledged to put a CBAM in place, […]
Registration 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, also considering the COP26 outcomes and pushing Border Carbon Adjustments (BCAs) […]
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, also considering the COP26 outcomes and pushing Border Carbon Adjustments (BCAs) to […]
The European Commission put forward a proposal for a Carbon Border Adjustment Mechanism (CBAM) – an enabler of ambitious climate policy in a world of unequal ambition. As other countries respond to the climate crisis, we can expect to see them follow suit. Ideally there would be international coordination of these emerging policies; they have […]
The European Commission has proposed a Carbon Border Adjustment Mechanism, aiming to have the regime functional by 2023, and negotiations are ongoing on the shape of the final instrument. One of the most critically important issues, yet to be resolved, is the question of whether Scope 2 emissions should be included under the mechanism. This […]
Co-convened by ERCST and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) 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. […]
Since 2019, ERCST has built up solid experience on BCAs and carbon leakage issues in the EU context. The ERCST Team has accompanied the CBAM file from its earliest stages in the legislative process, providing analytical input to the discussion on BCAs and fostering an informed debate with domestic and international stakeholders. At this event, […]
On the 21st of March, Andrei Marcu, Executive Director of ERCST, spoke at the CEPR Research and Policy Network on Climate Change, Hybrid Webinar ‘Economics of Border Adjustments’. Agenda Recording
The European Commission has put forward a proposal for a Carbon Border Adjustment Mechanism (CBAM) which is the subject of ongoing discussions in the European Parliament and the Council. The lead committee on the CBAM in the European Parliament, ENVI, is voting on the final set of amendments on May 17th. This is a decisive […]
Since 2019, ERCST has built up solid experience on BCAs and carbon leakage issues in the EU context. The ERCST Team has accompanied the CBAM file from its earliest stages in the legislative process, providing analytical input to the discussion on BCAs and fostering an informed debate with domestic and international stakeholders. One of the […]
On the global stage, countries have been reacting to the developments surrounding the EU CBAM, and we can expect to see some follow suit. Ideally, there would be international coordination of these emerging policies; they have high-stakes implications for international trade, international equity, and climate diplomacy. Some have suggested that BCAs could be an essential […]
The Use of CBAM Revenues
