Carbon Border Adjustment Mechanism

Theme: European Green Deal, Trade
Title: Carbon Border Adjustment Mechanism
Policy Reference: N/A

Overview

The European Green Deal emphasized that “should differences in levels of ambition worldwide persist, as the EU increases its climate ambition, the Commission will propose a carbon border adjustment mechanism, for selected sectors, to reduce the risk of carbon leakage”.

 

A Carbon Border Adjustment Mechanism (CBAM) would ensure that the price of imports reflects more accurately their carbon content.

European Commission

The European Commission is holding an open public consultation on this subject, with the aim of identifying opportunities and challenges in relation to the future Carbon Border Adjustment Mechanism.

 

All interested parties may participate in this consultation until October 28, 2020.

European Parliament

No updates yet.

Council of the EU

No updates yet.

Negotiation Stage

No updates yet.

Final Adoption

No updates yet.

Local Implementation

MEUSAC is currently holding a consultation exercise on this subject, in order to collate the feedback of local stakeholders for submission to the European Commission.

 

All interested stakeholders may fill in the MEUSAC questionnaire on this subject.