Turning the EU’s Carbon Border Adjustment Mechanism into a green development tool

The CBAM provoked considerable debate worldwide and strong reactions by some of the EU’s partners. This policy brief calls for a shift away from these seemingly irreconcilable positions, towards a more constructive approach from both the EU and its trading partners. The authors suggest carrying out impact assessments that could serve as a basis for the EU to fine-tune and step up support efforts. This brief thereby presents a pathway to using CBAM as a tool for green development.

Link to the publication