Browse publications

With the urgent need to cut emissions and ramp up its climate ambitions, the European Union introduced the world’s first carbon border adjustments: the Carbon Border Adjustment Mechanism (CBAM). CBAM, which introduces a carbon price on carbon-intensive imports to prevent “carbon leakage,” is widely regarded as a pioneering step in aligning trade policy with climate goals. However, concerns remain over its potential impact on international trade, particularly for exporters in regions heavily reliant on carbon-intensive industries. This report examines its potential impact on export-oriented...

In our 2024 update report, we modelled greenhouse gas (GHG) emissions towards 2030 based on countries’ policies as of July 2024 and compared these emissions to countries’ current NDC targets to evaluate whether countries are on track to meet them.