The past two years have seen rapid development of climate and trade policy, including the announcements of an EU Carbon Border Adjustment Mechanism (CBAM), U.S. congressional proposals for border carbon adjustments (BCA), the Global Arrangement on Sustainable Steel and Aluminum (GASSA), and the G7’s climate club. More approaches are likely to proliferate from this Congress, the administration, and international partners.

The Council and our Center for Climate and Trade is pleased to share our latest resource, a primer covering recent BCA developments and policy proposals. Specifically, this primer explores why momentum for border carbon adjustments is accelerating now and reviews proposals in various stages of implementation and consideration. This includes:

• The EU CBAM and consultations launched by Canada, Japan, and the UK
• The U.S.-EU GASSA negotiations
• Climate club proposals
• U.S. BCA legislative proposals

We are pleased to be leading stakeholders through this discussion. Should you have any questions about the primer or the Council’s work in this space, please don’t hesitate to reach out.

The Climate Leadership Council works with a broad set of stakeholders to promote the most cost-effective, equitable and politically viable climate solutions.