Search Climate Insights Directory

This report details a series of national dialogues in Brazil regarding Border Carbon Adjustments (BCAs), specifically focusing on the impacts of the European Union's Carbon Border Adjustment Mechanism (CBAM). While the immediate economic impact of the EU CBAM on Brazil is estimated to be limited, the report highlights significant risks if such mechanisms proliferate to other major trading partners like the United States and Japan. The document synthesizes the concerns of the Brazilian government and industrial sectors, emphasizing the need for standardized emissions reporting, the recognition of non-price-based climate efforts, and the provision of financial support for technological adaptation in developing countries.