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Energy, EU, Policy and Regulation, UK

What could the EU’s CBAM mean for emerging markets?

By Alex Janiaud

March 9, 2023
Mozambique: among the countries that could be at risk from the EU CBAM (photo: Waldo Swiegers/Bloomberg)

The EU mechanism to reduce carbon emissions related to imports could cause issues for developing countries, experts warn. The carbon border adjustment mechanism (CBAM), which the EU plans to implement from 2026, will extend existing carbon pricing for domestic industries to imported materials such as iron, steel and cement, with ...

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