carbon border adjustment mechanism (Q1298)
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Fee or tariff levied on imported goods based on the greenhouse gases emitted during their production
- carbon border adjustment tax
- carbon border adjustment mechanisms
- carbon border adjustment
- CBAM
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | carbon border adjustment mechanism |
Fee or tariff levied on imported goods based on the greenhouse gases emitted during their production |
|
Statements
A fee or tariff on imported goods based on their emissions of greenhouse gases during their production. This policy instrument aims to reduce global emissions, level the playing field between countries with different climate policies, and motivate cleaner industrial practices worldwide, ultimately supporting efforts to fight climate change.