Insight Sharing: EU’s Carbon Border Adjustment Mechanism (CBAM) and China’s Footstep

On 16th February, the European Chamber Finance and Taxation Working Group held a working group meeting to share insight on the European Union's Carbon Border Adjustment Mechanism (CBAM) and China’s footstep in the carbon-related tax policies.

Paolo Caridi, Policy Coordinator of DG CLIMA of the European Commission, introduced the EU’s CBAM, and Cong Zhang, Partner of Ernst & Young, provided the perspective from China side taking stock of the current tax policies in the country and sharing insight on the relevant framework discussions.