AEGIS Europe welcomes the outcome of the European Parliament’s vote on the complementarity of the CBAM with existing carbon leakage measures but remains concerned about the scope of the CBAM.
AEGIS Europe believes a well-designed CBAM could provide strong incentives for third countries to decarbonise local manufacturing and reach a common approach with the EU on carbon pricing and related issues in some sectors. To do so, the carbon footprint assessment of imports must be comprehensive and cover all countries.
Please consult below AEGIS Europe's Press Release regarding the EU Parliament vote on Carbon Border Adjustment Mechanism (CBAM):