European Neighbourhood Monitor

Online magazine highlighting research, news and analysis covering the European Neighbourhood

Climate

“Developing economies hit hardest by EU’s carbon border tax”

Africa / By

In a new analysis, leading rating agency S&P Global warns that the EU’s external climate tariff CBAM, which stands for “Carbon Border Adjustment Mechanism” will hit developing economies the hardest. It explains: “Phasing in from 2026, CBAM will levy a carbon tax on imports of selected energy intensive materials and products into the EU, removing …

“Developing economies hit hardest by EU’s carbon border tax” Read More »

U.S climate debate raising tensions with trading partners

Americas / By

Time magazine reports how “the World Is Protesting America’s Climate Plan”, highlighting how not only the EU but also South Korea, Japan and India are angry at the U.S. climate measures. One South Korean official dubs the law a “betrayal.” as during the COP conference in Egypt, the EU dropped an extensive document complaining of “problematic” tax …

U.S climate debate raising tensions with trading partners Read More »

© 2022 Copyright – All Rights Reserved by European Neighbourhood Monitor. – About | Privacy Policy