The Impact of the European Union Carbon Border Adjustment Mechanism: A Development Perspective
The introduction of the “Carbon Border Adjustment Mechanism” (CBAM) as part of the European Union Fit for 55 and Green Deal package, has evoked much political and academic debates. So far, these have mostly focused on its effectiveness in leveling the playing field for European industries and reducing the risk of carbon leakage. We contribute to this debate by analyzing the potential effects of a
