Sustainability
Navigating the Carbon Border Adjustment Mechanism (CBAM) and its impacts on global trade
The European Union (EU) stepped up in 2021 and unveiled the Carbon Border Adjustment Mechanism (CBAM) where fees are charged on carbon footprint of certain imports. This aims to curb emissions, level the playing field, and unlock opportunities for innovation and a greener future.
|
10 min read
|
16 Apr 2024