April 28, 2023by Sebastian Dürr

Carbon Border Adjustment Mechanism (CBAM)

Carbon Border Adjustment Mechanism (CBAM)

The Carbon Border Adjustment Mechanism (CBAM) is a mechanism that imposes a carbon price on imported products from countries with less stringent national climate change policies. It aims to mitigate the risk of carbon leakage and was introduced by the European Commission in 2021.

Share