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The Global Impacts of an EU Carbon Border Adjustment Mechanism

Authors
/persons/resource/1241

Weko,  Silvia
IASS Institute for Advanced Sustainability Studies Potsdam;

/persons/resource/1242

Eicke,  Laima
IASS Institute for Advanced Sustainability Studies Potsdam;

/persons/resource/80

Marian,  Adela
IASS Institute for Advanced Sustainability Studies Potsdam;

/persons/resource/1559

Apergi,  Maria
IASS Institute for Advanced Sustainability Studies Potsdam;

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Fulltext (public)

IASS_Policy_Brief_2020_6_en.pdf
(Publisher version), 5MB

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Citation

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://doi.org/10.2312/iass.2020.055


Cite as: https://publications.iass-potsdam.de/pubman/item/item_6000630
Abstract
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.