Object

Rights:

The Polish Institute of International Affairs (PISM)

Abstract:

The gradual introduction of the Carbon Border Adjustment Mechanism (CBAM) by the European Union will reduce global greenhouse gas emissions as well as international trade. The mechanism will support EU industry, which bears the high emissions costs of community climate policy, reducing its global competitiveness. CBAM burdens Member State administrations on which the initiative’s success depends. It could also affect the economies of developing countries, the consequences of which could be minimised by, among other things, the introduction of transition periods and the redistribution of funds to the EU’s trading partners.

Place of Publishing:

Warsaw

Digitisation Sponsor:

The Polish Institute of International Affairs (PISM)

Publisher:

The Polish Institute of International Affairs (PISM)

Issued:

2024.02.05

Format:

PDF

Extent:

515 KB

Identifier:

oai:digit.pism.pl:4569

Source:

PISM Bulletin no. 17 (2325), 2024

Language:

eng

Is Version Of:

Biuletyn PISM nr 17 (2827), 2024

Rights Holder:

The Polish Institute of International Affairs (PISM)

Location of Physical Object:

Library of the Polish Institute of International Affairs (PISM)