This engaging and thought-provoking roundtable discussion will tackle one of the most critical and complex issues at the intersection of climate policy and international trade – Border Carbon Adjustments (BCAs). As governments respond to the urgent need to reduce carbon emissions and combat climate change, BCAs have emerged as a key policy tool to enable ambitious increases in carbon prices, but they also trigger concerns, about equity, accessibility and development. 

This session will bring together experts, policymakers, and industry leaders in a conversation that unravels the intricacies of BCAs, their challenges and implications, as well as their role in world-wide efforts to decarbonize industry.  The discussion will cover the challenges, as well as the opportunities presented by the looming global rise of BCAs and hone in on immediate priorities for international cooperation on this brand new trade instrument.