The EU’s Carbon Border Adjustment Mechanism: Risks and Opportunities for Developing Countries

As carbon emissions become part of the rules of global trade, the EU's Carbon Border Adjustment  Mechanism (CBAM) is creating new pressures, but also new opportunities for developing countries. In this report, Alfonso Medinilla examines what CBAM means for countries exporting to the EU. He explores the challenges of new carbon requirements and compliance costs, as well as opportunities for greener production. The report ultimately highlights the growing link between climate policy, industrial development and international trade.