Authors: Novia Xu and Nadya Daulay, CSIS The Carbon Border Adjustment Mechanism (CBAM) is the manifestation of the European Union’s (EU) ambitions to lead in global climate policy and the reduction of carbon leakage. Though the design of CBAM is acclaimed as fully compliant with international trade regulations, concerns over its impacts persist, especially for […]
The post CBAM creates key opportunity for Indonesia first appeared on East Asia Forum.Tags : indonesia european union eu-indonesia relations international trade climate change carbon emissions carbon reduction carbon trading carbon pricing carbon neutrality cbam carbon border adjustment mechanism world trade organisation wto indonesia exports eu emissions trading system deforestation green energy energy transition
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