Joint NGO statement on the Carbon Border Adjustment Mechanism

Published: 14 December 2021
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Societies and businesses face increasing uncertainty due to more frequent and intense extreme weather events, instability in global energy and commodity markets, and unclear climate commitments by key international partners.

The European Green Deal potentially provides a broad and strong suite of policy tools that have the power to create the necessary stability and certainty to succeed in the transition to climate neutrality, if high ambition levels are maintained and if contentious policies, such as the Carbon Border Adjustment, Mechanism (CBAM) are addressed with sensitive and sensible climate diplomacy.