Africa > BRIEFING: EU’s CBAM violates Paris Agreement principles, raises cost of decarbonisation in Global South, panellists say

BRIEFING: EU’s CBAM violates Paris Agreement principles, raises cost of decarbonisation in Global South, panellists say

Published 12:33 on July 19, 2024  /  Last updated at 12:33 on July 19, 2024  / Nikita Pandey /  Africa, Asia Pacific, Carbon Taxes, CBAM, EMEA, International, Other APAC, Paris Article 6

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is in “clear violation” of the Paris Agreement’s principle of common but differentiated responsibilities (CBDR) and places the burden of decarbonising heavy industrial sectors on the Global South, panellists told a webinar this week.
The European Union’s Carbon Border Adjustment Mechanism (CBAM) is in “clear violation” of the Paris Agreement’s principle of common but differentiated responsibilities (CBDR) and places the burden of decarbonising heavy industrial sectors on the Global South, panellists told a webinar this week.


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