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Europe Daily Bulletin No. 12748

25 June 2021
EXTERNAL ACTION / Trade/climate
Germanwatch raises concerns about EU partners’ opposition to Carbon Border Adjustment Mechanism
Brussels, 24/06/2021 (Agence Europe)

In a report published on 17 June, the German think tank Germanwatch warns the EU of the consequences of its trading partners opposing the Carbon Border Adjustment Mechanism (CBAM). The authors of the report believe that the EU must adapt its strategy as soon as possible. 

The European Commission is due to present its proposal for a CBAM in mid-July. According to a draft of the text, it foresees that it will gradually enter into force from 1 January 2023 (see EUROPE B12733A9).

Ukraine,...

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