Africa > PREVIEW: World braces for change as EU CBAM comes into force

PREVIEW: World braces for change as EU CBAM comes into force

Published 18:17 on September 29, 2023  /  Last updated at 18:17 on September 29, 2023  / Roy Manuell /  Africa, Americas, Asia Pacific, Carbon Taxes, CBAM, China, EMEA, EU ETS, International, US

As the EU’s carbon border adjustment mechanism comes into effect on Oct. 1, exporters to the region are gearing up to measure their carbon impact and bracing for levies further down the line, with several jurisdictions already moving to ramp up the development of their own carbon pricing measures in a bid to minimise the economic impact of the policy.
As the EU’s carbon border adjustment mechanism comes into effect on Oct. 1, exporters to the region are gearing up to measure their carbon impact and bracing for levies further down the line, with several jurisdictions already moving to ramp up the development of their own carbon pricing measures in a bid to minimise the economic impact of the policy.


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