The EU’s Carbon Border Adjustment Mechanism and its implications for a global Just Transition: The case of South Africa

Summary and findings
As part of the “European Green Deal”, the European Commission committed to introducing a Carbon Border Adjustment Mechanism (CBAM) in late 2019. It tabled the legislative proposal in summer 2021. The measure is controversial, and many questions remain. What is the right timeframe for its implementation? How to use the generated revenues? What about climate justice considerations?