Carbon border adjustments reshaping global trade
Key Questions
What is the EU's CBAM and when does it become fully operational?
CBAM is the EU carbon border adjustment mechanism that becomes fully operational in 2026 to address carbon leakage and industrial competitiveness.
How is Hong Kong supporting green maritime fuels?
Hong Kong launched incentive schemes with port dues concessions and registration benefits for LNG, methanol, ammonia, hydrogen, and biodiesel to meet IMO 2050 goals.
What are Korean banks doing on transition finance?
NH Nonghyup and Shinhan are expanding transition finance to support companies with clear decarbonization plans beyond traditional green bonds.
How are carbon markets evolving from energy certificates?
Countries are transitioning from energy saving certificates to credible carbon credits with new frameworks for emission intensity evaluation.
What global hydrogen certification efforts are underway?
Renewable hydrogen certification frameworks are emerging to ensure trade integrity and alignment with mechanisms like CBAM.
Global renewable hydrogen certification frameworks emerging, relevant to CBAM and trade integrity. First four Article 6 country evaluations sobering. New: EU proposes new cross-border climate action approach to meet 2040 90% reduction target (5% from international cooperation). Video explainer on EU ETS and CBAM provides insider perspective on carbon pricing and industrial competitiveness. New: Hong Kong launches green maritime fuel incentive schemes (port dues concessions, registration incentives for LNG, methanol, ammonia, hydrogen, biodiesel) to accelerate IMO 2050 net-zero target. New: Carbon credits and low-carbon products primer offers basic understanding for newcomers. New: Green Growth and Just Energy Transition policy assessment provides concrete analysis of carbon markets and pumped storage for just transition. New: CBAM video (Tomasz Włostowski) explains EU carbon tax's purpose and challenges—timely as CBAM fully operational in 2026. New: Korean transition finance expansion (NH Nonghyup, Shinhan) shows banks moving beyond green bonds to assess decarbonization plans. New: Transition from energy saving certificates to carbon credits signals policy evolution for emission reduction credibility.