Reimagining carbon border adjustment mechanisms: A path to climate and development synergy
EfD Authors:
The European Union (EU)'s Carbon Border Adjustment Mechanism (CBAM) imposes import charges tied to carbon intensity and is set for full enforcement by 2026. Although it aims to reduce global emissions, its one-size- ts-all structure risks penalizing developing nations that often lack nancial and technical resources for rapid decarbonization. This article presents CBAM-Plus, a framework that reinvests CBAM revenues in clean energy infrastructure, facilitates technology transfer, and recognizes non-pricing mitigation strategies.
Strategic power expansion and renewable integration in pathways to the Net-Zero in Vietnam
EfD Authors:
Decarbonizing the power sector and the transition to a low-carbon energy future are critical strategies for reducing emissions.
