Council agrees on the Carbon Border Adjustment Mechanism (CBAM)

On Tuesday 15 March, the Council reached agreement (general approach) on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package. The main objective of this environmental measure is to avoid carbon leakage. It will also encourage partner countries to establish carbon pricing policies to fight climate change.... Lire la suite


A Carbon Border Adjustment Mechanism for the European Union

The EU plans to introduce a Carbon Border Adjustment Mechanism (CBAM) to tackle carbon leakage more effectively. This phenomenon corresponds to an increase in emissions in the rest of the world as a result of the implementation of more ambitious climate policies, such as carbon pricing, by some countries. A CBAM will enhance the effectiveness of European climate policies, and needs to address lega... Lire la suite


Carbon Border Adjustments for Climate | Addressing carbon leakage to strengthen global climate action

France is honored to convene representatives of the European Commission, international organizations, academics and experts, and civil society stakeholders to intervene during a high-level international virtual conference on carbon leakage and the carbon border adjustment mechanism, which will be held on March 23, 2021.... Lire la suite