Past Event
Carbon Border Adjustment Mechanism: Greening the EU trade?
Assessing CBAM from a trade perspective.
video & audio recordings
With the European Green deal, the EU has set a target of reducing the bloc’s carbon emissions by 55 per cent by 2030. In the upcoming June, the European Commission will submit a proposal for a carbon border adjustment mechanism (CBAM), in order to protect the EU against distortion of competition and against the risk of carbon leakage.
While CBAM aims to support the EU’s green objectives, it raises concerns on international trade, and some argue that this could easily slide into unfair advantage and European protectionism. How can we prevent this from happening? And how will CBAM reshape global trade?
We started the event with the presentation of a proposal for a European CBAM by MEP Luis Garicano, after which a panel of speakers discussed trade aspects of CBAM.
Schedule
13:00-13:15
Presentation
Luis Garicano, Vice-President of the Renew Europe
13:15-13:45
Panel discussion
Chair: André Sapir, Senior Fellow
Suman Bery, Non-resident Fellow (on leave for public service)
Luis Garicano, Vice-President of the Renew Europe
Emily Lydgate, Senior Lecturer, University of Sussex
13:45-14:00
Q&A
Speakers
Suman Bery
Non-resident Fellow (on leave for public service)
Luis Garicano
Vice-President of the Renew Europe
Emily Lydgate
Senior Lecturer, University of Sussex
André Sapir
Senior Fellow
Location & Contact
Katja Knezevic
[email protected]
