Global Response to EU Carbon Border Adjustment Mechanism CBAM

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This plenary will look at how the launch of the EU CBAM was received globally. We have seen greatly varying reactions from countries globally, ranging from, on the one hand, a threat of a WTO challenge and, on the opposite side of the spectrum, a commitment to establishing a domestic carbon market. The session will examine the implications of the CBAM on global trade, as well as will identify opportunities for international cooperation.

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