A Brave New World of Border Carbon Adjustments
This Trade+ Sustainability Hub session examined the complexities and implications of Border Carbon Adjustments (BCAs) as a key policy tool in addressing carbon emissions and fostering international cooperation on climate change within the realm of global trade.
This engaging and thought-provoking roundtable discussion tackled one of the most critical and complex issues at the intersection of climate policy and international trade – Border Carbon Adjustments (BCAs). As governments responded to the urgent need to reduce carbon emissions and combat climate change, BCAs emerged as a key policy tool to enable ambitious increases in carbon prices, but they also triggered concerns about equity, accessibility, and development.
The session brought together experts, policymakers, and industry leaders in a conversation that unraveled the intricacies of BCAs, their challenges and implications, as well as their role in worldwide efforts to decarbonize industry. The discussion covered the challenges, as well as the opportunities presented by the looming global rise of BCAs and honed in on immediate priorities for international cooperation on this brand new trade instrument.
Upcoming events
IGF 20th Annual General Meeting
Leading international mining policy forum, focusing on balancing the need for minerals with protecting people and the planet
COP 29 | Agri-Food Systems Summit
This COP 29 side event gathers global agri-food stakeholders to explore new models of collaboration and sustainable, resilient solutions for future food systems through innovation, investment, and technology.
Green Reconstruction of Ukraine’s Communities: Key lessons from 2023-2024 recovery projects
Join for an in-depth conversation on the green reconstruction of Ukraine's communities, focusing on practical approaches, challenges, and opportunities.
Panel: Managing Costs and Risks of Water Service Delivery Through Natural Infrastructure: Examples from the Prairies
How natural infrastructure can help support cost-effective water service delivery and manage climate and other risks to water services.