ICAP - Panel Discussion

Border carbon adjustments: key hurdles and design questions

12 November, 4:45 PM – 5:45 PM (CET)

Once largely relegated to the economics literature but dismissed as a viable policy option, border carbon adjustments (BCAs) have taken centre stage in the debate on Europe’s 2030 climate ambitions. With the European Commission actively developing options for a BCA after prioritizing it as an instrument to address carbon leakage in the European Green Deal, attention is turning to the concrete details of key design elements, legal questions, and implementation challenges. Along with unprecedented policy focus, research contributions from academia, think tanks, and governments over the last year have deepened our knowledge of the issues at play like no time before. This has brought us closer than ever before to understanding the major hurdles in designing and implementing a BCA, the potential trade law implications, and the lingering questions. This panel discussion will dive into those key design and implementation challenges, among them: compliance with World Trade Organization rules, rebates for domestic exports, continued free allocation, deductions based on climate policies in the jurisdiction of origin, and sectoral scope.            

Moderator

Speakers

  • Éric Théroux, Assistant Deputy Minister, Québec Ministry of the Environment and the Fight against Climate Change
  • Frédéric Branger, French Ministry of Ecological Transition
  • Adolfo Aiello, European Steel Association
  • Fredrik Gisselman, National Board of Trade Sweden

Agenda

  • Welcome and introductions
  • Presentation: Background on BCAs, their major design elements and respective WTO issues
  • Panel discussion

Register here