Indonesia, Malaysia, Policy and Regulation, Singapore, Vietnam

Asean countries ambivalent about EU CBAM

A cassava farm in Thailand, which is among the Asean countries that fear negative effects if the CBAM’s scope is extended to include all products and services, and all indirect emissions from upstream value chains. (Photo: Valeria Mongelli/Bloomberg)

The European bloc’s largest trading partners in south-east Asia are concerned the carbon border adjustment mechanism could dent both their exports and overall GDP, but some see merit in the scheme

The EU’s carbon border adjustment mechanism, which imposes a carbon levy on imports from jurisdictions with more ...

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