CBAM and carbon pricing: forging fair paths to climate stability
How will the EU's CBAM affect global trade, economic inequality, emissions reduction, and international cooperation on carbon pricing?
Speakers
Toshi Arimura
Faculty Fellow, RIETI; Professor of environmental economics and a Director of the Research Institute for Environment Economics and Management, Waseda University
Ignacio Garcia Bercero
Former Director, European Commission, DG Trade
Catherine Stewart
Deputy Director for Trade Policy, HM Treasury
Shujiro Urata
Chairman Emeritus, Research Institute of Economy, Trade and Industry (RIETI)
Olha Yevstihnieieva
Decarbonization expert, the Ministry of Energy of Ukraine
Agenda
Check-in & lunch
12:00-12:30Agenda
Welcoming remarks
12:30-12:40- Jeromin Zettelmeyer, Director
- Shujiro Urata, Chairman Emeritus, Research Institute of Economy, Trade and Industry (RIETI)
Agenda
Panel discussion
12:40-13:45- Chair: André Sapir, Senior fellow
- Toshi Arimura, Faculty Fellow, RIETI; Professor of environmental economics and a Director of the Research Institute for Environment Economics and Management, Waseda University
- Ignacio Garcia Bercero, Former Director , European Commission, DG Trade
- Catherine Stewart, Deputy Director for Trade Policy, HM Treasury
- Olha Yevstihnieieva, Decarbonization expert , the Ministry of Energy of Ukraine
Agenda
Q&A
13:45-14:00Ask your question on Sli.do #CBAM
The event will look at the EU's carbon border adjustment mechanism, it’s economic effects on trading partners, and how the EU can better cooperate with other parties on carbon pricing. CBAM is on track to being implemented, but specific implementation legislation is still being developed. Meanwhile, there are concerns that CBAM may make many developing countries worse off. Will the result be a 'climate club' of developed nations trading with each other, and increasing global inequality? Will CBAM have significant benefits in reducing global emissions? How should implementing legislation be fine-tuned? And how can the EU cooperate with others to promote carbon pricing outside its own borders?
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