{"id":3508,"date":"2022-04-01T12:11:51","date_gmt":"2022-04-01T04:11:51","guid":{"rendered":"\/?post_type=insight&#038;p=3508"},"modified":"2026-08-19T16:53:33","modified_gmt":"2026-08-19T08:53:33","slug":"china-and-the-eus-carbon-border-adjustment-mechanism","status":"publish","type":"insight","link":"https:\/\/www.igdp.cn\/en\/insights\/china-and-the-eus-carbon-border-adjustment-mechanism\/","title":{"rendered":"China and the EU&#8217;s Carbon Border Adjustment Mechanism"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3508\" class=\"elementor elementor-3508\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73625dd elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"73625dd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-65b715b\" data-id=\"65b715b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7923669 elementor-widget elementor-widget-igdp_insight_detail_hero\" data-id=\"7923669\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"igdp_insight_detail_hero.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"row-report1\">\n\t\t<div class=\"wp\">\n\t\t\t\t<div class=\"cur cur1\">\n\t\t<a href=\"\/\">Home<\/a>\n\t\t<i>\/<\/i>\n\t\t<a href=\"\/insights\/\">Insights<\/a>\n\t\t<i>\/<\/i>\n\t\t<span>China and the EU&#039;s Carbon Border Adjustment Mechanism<\/span>\n\t<\/div>\n\t\t\t\t<div class=\"m-report1 wow fadeInUp\">\n\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t<div class=\"inner\">\n\t\t\t\t\t\t<div class=\"tit\">China and the EU&#039;s Carbon Border Adjustment Mechanism<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"subtit\">Cultivating Mutual Benefits for the EU and China<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"line\"><\/div>\n\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon3.svg);\">English, Chinese<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon4.svg);\">APR 2022<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon5.svg);\">Report<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon6.svg);\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span\">Green Economics<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">Summary:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">This report examines the EU\u2019s proposed carbon border adjustment mechanism (CBAM) and provides policy recommendations for both the EU and China to support mutually beneficial cooperation on climate. To expand the CBAM\u2019s upsides and limit negative effects, China should expeditiously move forward with expanding coverage and strengthening its ETS, while the EU should counter unfairness complaints by dedicating CBAM fees to compliance assistance for developing countries as well as account for decarbonization policies other than those setting a directly observable carbon price.<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">Suggested citation:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">Chris Busch, Hu Min, Chen Meian. (2022).\u00a0The EU Carbon Border Adjustment Mechanism and China. Policy Brief. Energy Innovation, Institute of Finance and Sustainability, and Institute for Global Decarbonization Progress (iGDP).<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">License:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\" class=\"link\">Creative Commons Attribution 4.0 International License (CC BY 4.0)<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"igdp-report-download-buttons\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/en\/wp-content\/uploads\/2022-04-IGDP-Report-EN-China-and-the-EUs-Carbon-Border-Adjustment-Mechanism.pdf\" class=\"g-btnr1\"><span style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon7.svg);\">download EN<\/span><\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/en\/wp-content\/uploads\/2022-04-01-IGDP-Report-ZH-China-and-the-EUs-Carbon-Border-Adjustment-Mechanism.pdf\" class=\"g-btnr1\"><span style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon7.svg);\">download ZH<\/span><\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t<div class=\"pic\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"\/en\/wp-content\/uploads\/China-and-the-European-Unions-Carbon-Border-Adjustment-Mechanism.png\" alt=\"China and the EU&#039;s Carbon Border Adjustment Mechanism\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-c7e975a e-flex e-con-boxed e-con e-parent\" data-id=\"c7e975a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-56b088d elementor-widget elementor-widget-igdp_insight_detail_related\" data-id=\"56b088d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"igdp_insight_detail_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"row-report4\" id=\"page09\">\n\t\t<div class=\"wp\">\n\t\t\t<div class=\"g-titr1 wow fadeInUp\">Related<\/div>\n\t\t\t<ul class=\"ul-report4 wow fadeInUp\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/dialogue.earth\/zh\/4\/60136155\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">The EU Pushes for Domestic Manufacturing: Where Will China\u2019s Clean Technology Products Go?<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">In its document, the European Commission explicitly stated that China accounts for more than 80 percent of global production capacity in the battery manufacturing and solar photovoltaic sectors; at the same time, the European wind power industry is facing cost pressures from low-priced imports from China. On April 27, China\u2019s Ministry of Commerce responded by stating that the bill constitutes \u201cserious institutional discrimination\u201d and will undermine fair competition.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUN 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"507\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in604-768x507.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in604-768x507.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in604-300x198.jpg 300w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in604-1024x675.jpg 1024w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in604-1536x1013.jpg 1536w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in604-2048x1351.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/eu-carbon-border-adjustment-mechanism-cbam-progress-and-prospects\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">The EU&#8217;s Carbon Border Adjustment Mechanism<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This report analyzes the European Union&#039;s Carbon Border Adjustment Mechanism (CBAM) as it transitions from its preparatory phase to full implementation, focusing on three critical policy areas with direct implications for Chinese exporters: the recognition of carbon prices paid in producing countries, the potential conditional acceptance of international carbon credits, and the technical alignment between CBAM and the EU ETS free allowance benchmarks. It combines systematic legal review of the CBAM Regulation and its implementing acts with practical policy assessment, drawing on official EU legislative documents, technical studies from the Joint Research Centre (JRC) and the European University Institute (EUI), and expert reports from Adelphi and the Climate Club. The research examines the regulatory texts, identifies remaining uncertainties, and derives forward-looking policy recommendations for Chinese authorities and enterprises.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Report<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">APR 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img decoding=\"async\" width=\"768\" height=\"1086\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-768x1086.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-768x1086.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-212x300.jpg 212w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-724x1024.jpg 724w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-1086x1536.jpg 1086w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM.jpg 1124w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/quantifying-the-long-term-impact-of-the-carbon-border-adjustment-mechanism-on-the-chinese-steel-industry\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Quantifying the Long-Term Impact of the Carbon Border Adjustment Mechanism on the Chinese Steel Industry<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This paper analyzes the long-term impact of the European Union&#039;s Carbon Border Adjustment Mechanism (CBAM) on China&#039;s steel industry, with a focus on quantifying the resulting cost burden and identifying the key drivers and mitigating factors. It employs a dynamic, process-level scenario-based model that links three steel production routes with their emission intensities, energy transition pathways, carbon pricing systems (EU ETS and China&#039;s national carbon market), and trade flows through 2050. The model integrates three sub-modules\u2014inflation and exchange rates, CBAM certificate cost calculation, and China&#039;s steel low-carbon transformation\u2014to simulate CBAM obligations across multiple scenarios, with sensitivity analyses examining the effects of EU ETS carbon prices, domestic carbon market inclusion, electricity decarbonization, and hydrogen utilization on total certificate costs.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Academic Journal Article<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">MAR 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img decoding=\"async\" width=\"768\" height=\"1005\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-6.38.25-PM-768x1005.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-6.38.25-PM-768x1005.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-6.38.25-PM-229x300.jpg 229w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-6.38.25-PM-783x1024.jpg 783w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-6.38.25-PM-1174x1536.jpg 1174w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-6.38.25-PM.jpg 1220w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/www.caixin.com\/2026-01-13\/102403103.html\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">The EU CBAM Takes Effect: What Impact Will It Have on China\u2019s Steel Industry?<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">The EU views the CBAM as a key institutional mechanism for preventing \u201ccarbon leakage\u201d and balancing domestic and international carbon costs; however, following the implementation of specific rules, its impact on Chinese steel companies is no longer merely a macro-level risk but has gradually evolved into a practical challenge that must be quantified, accounted for, and addressed head-on.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JAN 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in113-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in113-768x512.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in113-300x200.jpg 300w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in113.jpg 840w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/finance.sina.com.cn\/jjxw\/2025-11-29\/doc-infyytks9510735.shtml\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Enhancing the \u201cGreen Content\u201d of Energy-Intensive Industries Requires Multi-Dimensional Support<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">The expansion of China\u2019s carbon market is the inevitable result of the convergence of multiple national strategic objectives.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">NOV 2025<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"335\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in1129.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in1129.jpg 500w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/in1129-300x201.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/a-model-for-analyzing-the-interaction-between-the-european-cbam-and-the-chinese-steel-industry\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">A Model for Analyzing the Interaction between the European CBAM and the Chinese Steel Industry<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This report presents the CBAM-CST model, a quantitative tool developed to analyze the long-term interaction between the EU Carbon Border Adjustment Mechanism and China&#039;s steel industry decarbonization. The model integrates three modules\u2014CBAM cost calculation, China&#039;s steel low-carbon transformation, and inflation\/exchange rates\u2014to simulate CBAM certificate costs across multiple scenarios through 2050. It identifies EU ETS carbon price and Chinese steel carbon intensity as the primary cost drivers, and examines how low-carbon technologies, electricity decarbonization, and hydrogen adoption can reduce the CBAM burden. The analysis also evaluates the potential offset from China&#039;s domestic carbon market and provides technical support for China-EU policy dialogue and enterprise strategy formulation.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Report<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUN 2025<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1094\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.52.17-PM-768x1094.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.52.17-PM-768x1094.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.52.17-PM-211x300.jpg 211w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.52.17-PM-719x1024.jpg 719w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.52.17-PM-1079x1536.jpg 1079w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.52.17-PM.jpg 1118w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>This report examines the EU\u2019s proposed carbon border adjustment mechanism (CBAM) and provides policy recommendations for both the EU and China to support mutually beneficial cooperation on climate. To expand the CBAM\u2019s upsides and limit negative effects, China should expeditiously move forward with expanding coverage and strengthening its ETS, while the EU should counter unfairness complaints by dedicating CBAM fees to compliance assistance for developing countries as well as account for decarbonization policies other than those setting a directly observable carbon price.<\/p>\n","protected":false},"featured_media":3498,"template":"","meta":{"_acf_changed":false,"igdp_summary":"This report examines the EU\u2019s proposed carbon border adjustment mechanism (CBAM) and provides policy recommendations for both the EU and China to support mutually beneficial cooperation on climate. To expand the CBAM\u2019s upsides and limit negative effects, China should expeditiously move forward with expanding coverage and strengthening its ETS, while the EU should counter unfairness complaints by dedicating CBAM fees to compliance assistance for developing countries as well as account for decarbonization policies other than those setting a directly observable carbon price.","igdp_featured_media":3498,"igdp_download_file":3947,"igdp_external_url":"","igdp_key_info":"","igdp_related_insights":[]},"insight_type":[48],"insight_region":[47],"igdp_topic":[149],"class_list":["post-3508","insight","type-insight","status-publish","has-post-thumbnail","hentry","insight_type-report","insight_region-international","igdp_topic-green-economics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight\/3508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":20,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight\/3508\/revisions"}],"predecessor-version":[{"id":4787,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight\/3508\/revisions\/4787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/media\/3498"}],"wp:attachment":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/media?parent=3508"}],"wp:term":[{"taxonomy":"insight_type","embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight_type?post=3508"},{"taxonomy":"insight_region","embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight_region?post=3508"},{"taxonomy":"igdp_topic","embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/igdp_topic?post=3508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}