Many debates highlight that EU ETS and Carbon Border Adjustment Mechanism (CBAM) fail to adequately address exports, resource shuffling and the value chain. These issues are now of particular concern, because (i) the fragmented global climate policy landscape risks further delays in global carbon pricing and (ii) the vulnerability of domestic industries has increased due to energy price shocks and trade wars. To address these concerns and to enhance the resilience of EUs industry strategy in the new international setting, 18 international researchers proposed to complement EU ETS and CBAM with a with a climate contribution.
The webinar, held on 19 March 2025, was kick-started with brief inputs by co-authors summarizing the economic, legal, trade and international political aspects of the concept, which were followed by perspectives from policy makers and key stakeholders.
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