The sort of discussions that stakeholders are now having before the CBAM is introduced.
Efficient accurate accounting is essential. Blockchain tech is an obvious tool to facilitate.
“The current CBAM proposal has EU and global objectives, by addressing carbon leakage concerns and creating incentives for emission reductions and carbon pricing in third countries. This requires, that the specific carbon intensity of the production has to be reported and verified for all imports. This however implies that indirect emissions, exports and part of the value chain cannot be covered and triggers resource shuffling concerns. Hence some carbon leakage concerns remain, explaining the debate on the timing of the introduction of the approach.”
https://climatestrategies.org/event/a-robust-cbam-design-to-unlock-climate-friendly-industry-investments-at-eu-scale/
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