Building Cooperation on Border Carbon Adjustments
IISD’s trade team brought together a group of selected World Trade Organization (WTO) delegates and stakeholders for a 3-day convening at Bellagio, Italy, to explore potential pathways for international cooperation on border carbon adjustments (BCAs) and to define the role of the WTO and the upcoming 14th WTO Ministerial Conference (MC14).
As countries ramp up their efforts to address climate change, some are considering border carbon adjustments (BCAs) to reduce the risk of carbon leakage. However, BCAs are novel and challenging measures for many trading partners, especially those pursuing different mitigation pathways. With BCAs emerging as a growing policy priority, international cooperation is essential to avoid policy fragmentation and ensure that the interests of developing countries are considered.
IISD’s trade team hosted a 3-day convening focused on advancing global cooperation on BCAs. The event brought together WTO delegates and stakeholders to explore potential pathways for international cooperation on BCAs and the WTO’s role in that process.
Upcoming events
The EU Carbon Border Adjustment Mechanism: Vietnam exporters’ training
This workshop offers Viet Nam-based steel and aluminum exporters practical guidance on meeting their EU CBAM compliance obligations.
Exploring Sustainable Markets and Trade Opportunities for COMESA Countries
This webinar series for COMESA member states, producers, and small and medium-sized enterprises aims to enhance their understanding of sustainability standards and regulatory developments.
Bridging the Gap Between Tax and Investment Communities: Understanding tax incentives in investment laws
Webinar bringing together tax and investment communities to discuss coordination challenges in the design, approval, and oversight of tax incentives.
ASEAN Regional Workshop on Carbon Pricing and Carbon Markets
This workshop will explore policy design options suited to national contexts in the ASEAN region, and strengthen readiness for participation in international carbon markets, including under Article 6 of the Paris Agreement.