Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor

The Impact of Carbon Border Adjustment Mechanism (CBAM)on Global Trade and Climate Policy The global climate crisis has spurred unprecedented international cooperation to reduce greenhouse gas emissions. While many nations have implemented domestic carbon pricing mechanisms, concerns about competitive disadvantages for domestic industries have arisen. To address this, the European Union (EU) introduced the Carbon Border…