An EU Border Carbon Adjustment Mechanism (CBAM) may bring severe economic consequences to countries without the resources to adapt to a low-carbon paradigm. The EU should therefore consider possible policy risks and involve third-country stakeholders in CBAM policy design; use CBAM revenues to fund decarbonisation in at-risk countries; and build emissions reporting requirements around existing international obligations.
- Publication Year
- Publication Type
- RIFS Policy Briefs
Weko, S., Eicke, L., Marian, A., & Apergi, M. (2020). The Global Impacts of an EU Carbon Border Adjustment Mechanism. IASS Policy Brief, 2020(6).
- https://publications.rifs-potsdam.de/rest/items/item_6000630_8/component/file_6… https://publications.rifs-potsdam.de/pubman/item/item_6000675
- Staff involved
- Projects involved
- Politics and Governance of the Global Energy Transition Investigating the Systemic Impacts of the Global Energy Transition (ISIGET)