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This report examines the potential socio-economic and environmental impacts of Border Carbon Adjustments (BCAs), specifically the EU's Carbon Border Adjustment Mechanism (CBAM), on Trinidad and Tobago. As a hydrocarbon-dependent economy and a major global exporter of ammonia and fertilizers, the country is highly vulnerable to import charges based on carbon emissions. The report analyzes sectoral vulnerabilities, stakeholder responses, and the role of the financial sector in supporting decarbonization, while providing policy recommendations to mitigate economic risks and leverage opportunities for green industrial transformation.