Asia Pacific > ADB proposes carbon price multiplier system for Asia Pacific to handle CBAM

ADB proposes carbon price multiplier system for Asia Pacific to handle CBAM

Published 16:54 on June 6, 2025 / Last updated at 16:54 on June 6, 2025 / Asia Pacific, Australia, Carbon Taxes, CBAM, China, Japan, New Zealand, Other APAC, South Korea, Voluntary

Countries in the Asia Pacific region should consider a mechanism to multiply carbon prices for EU-destined goods to align them with European CO2 costs to reduce the impacts of the Carbon Border Adjustment Mechanism (CBAM), the Asian Development Bank (ADB) said Friday.
Countries in the Asia Pacific region should consider a mechanism to multiply carbon prices for EU-destined goods to align them with European CO2 costs to reduce the impacts of the Carbon Border Adjustment Mechanism (CBAM), the Asian Development Bank (ADB) said Friday.


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