PapersEconomic IntegrationLearning from CBAM's transitional phase: Early impacts on trade and climate efforts

Learning from CBAM’s transitional phase: Early impacts on trade and climate efforts

By Centre for European Reform

The von der Leyen Commission approved over a dozen climate policy proposals in its first term, as part of the ‘Fit for 55’ package that was designed to deliver on the EU’s 2030 emissions targets. The new policies largely strengthened existing ones – for example, some reforms increased renewables and energy efficiency investments and expanded the EU Emissions Trading System, or EU ETS, to cover maritime transport. But the Carbon Border Adjustment Mechanism, or CBAM, broke new ground.

Full text version (PDF)

Author: Elisabetta Cornago, Senior research fellow, Centre For European Reform.

This article is available on the CER website. 

See more