Four guiding principles for the carbon border adjustment mechanism in the European Union


With the French government making it a priority to conclude a broad agreement on the Carbon Border Adjustment Mechanism (CBAM) by the end of its European Council presidency in June, leading green trade experts have drafted a text to guide the next stage of discussions at EU level.

Analysts from the Green Trade Network (GTN), which represents more than 20+ European research organisations including BC3, E3G, ECCO, Europe Jacques Delors, IEEP, SEI and Wise Europa, say four key principles should be followed by policymakers to ensure the mechanism will be fair and effective:

  • Must be non-protectionist and WTO-compliant
  • Must strengthen climate action
  • Must be built on transparent governance and robust verification
  • Must be carefully integrated in broader climate diplomacy

The full paper, which can be read/downloaded here, sets out how these principles might be achieved.

Leave a Reply

Your email address will not be published.



©2008 BC3 Basque Centre for Climate Change.


We use cookies of our own and of third parties to improve our services and to be able to offer you, by means of web browsing analysis, the best options. If you continue browsing, we assume that you agree to their use. For further information, please click here.

ACEPTAR
Aviso de cookies