The European Union’s Carbon Border Adjustment Mechanism

15 July 2021
4.00 pm 5.30pm AEST

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Which industries will be impacted by the E.U Carbon Border Adjustment Mechanism and what implications will it have for Australian trade?

The European Commission is due to release it’s much anticipated mechanism to impose carbon emissions costs on imported goods on 14th July. This would see a charge levied at the border, proportionate to the carbon emitted during the production of imported goods.

Expected to initially apply to heavy industry sectors including steel, iron, cement, fertilisers, aluminium and electricity, it will require importers to provide data for imported goods and buy digital certificates, the price of which will be linked to the EU carbon market.

Countries that have a similar domestic carbon price to the EU could be granted equivalence, meaning that exports originating in their territory would not be subject to the EU’s CBAM, so as to avoid double carbon taxation. 

Join us and hear about the implications of the mechanism for Australian trade with Europe and the practical implementation.

We will have a presentation from our guest speaker on the topic, followed by a panel discussion moderated by:
Marian Schoen, National Director, European Australian Climate Business Network.
Jason Collins, Chief Executive Officer, European Australian Business Council.
Bill Cole, Partner, International Trade, BDO.

Along with an eminent panel of business and government representatives.

This webinar is presented in collaboration with the European Union Australian Climate Business Network which is supported by Climate KIC Australia and has been organised with the financial support of the European Union’s Partnership Instrument.

Organised by: