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Feb
Feb
EU Carbon Tariff Alone Won’t Curb Global Emissions, Urges Broader Climate Action: ADB
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Srabastee Biswas / 10 months
- 0
- 3 min read
The European Union’s (EU) forthcoming Carbon Border Adjustment Mechanism (CBAM) is anticipated to yield only marginal reductions in global carbon emissions while modestly affecting trade flows, particularly in Asia and the Pacific, according to a recent study by the Asian Development Bank (ADB). CBAM, slated to be operationalised in 2026, will entail import levies on […]
