
Information
Date and time: Wednesday July 12, 2023 15:00-17:10 (Beijing Time)
Host: China Development Institute
The EU’s rules for the new carbon border adjustment mechanism (CBAM) became effective on 17 May. CBAM aims to prevent carbon leakage and restore a level playing field in high-emitting industries. Designed as a border tax, CBAM will inevitably have significant impacts on EU’s trade partners, but also important influence on promoting the adjustment of global climate policy. Looking ahead, initiatives that could lead to mutually beneficial outcomes would positively affect EU-China cooperation, which will be necessary for global climate actions to succeed.
In view of the abovementioned situation, China Development Institute will hold a webinar convening experts from China and EU to discuss the CBAM’s design along with the likely implications for global trade, global climate policy and China-EU cooperation, and provide policy recommendations for both sides.
Focus for Debate
- What impact will the implementation of EU's CBAM bring to China-EU economic cooperation, and how should they be addressed properly?
- How can Chinese enterprises investing in Europe cooperate with the EU side to better adapt to the European Green Deal, considering that the EU has rich experience in the field of green development?
- How to facilitate the development of China's carbon trading market and promote the synergy of rules and mechanisms between China and EU in green development?
- How to coordinate the development of free trade and green trade under the new mechanism of EU's CBAM?
*Available in English and Chinese.
Register in advance for this webinar:
https://us06web.zoom.us/webinar/register/WN_ZaL3kD5MQta3H8SeS-6zcQ
After registering, you will receive a confirmation email containing information about joining the webinar.
July 12, 2023 15:00-17:10 (Beijing Time)
Panelists:
- Fan Gang, President of China Development Institute
- Doris Fischer, Vice President, Würzburg University, Germany
- Georg Zachmann, Senior Researcher, EU Energy and Climate Policy, Bruegel
- Joseph Francois, Managing Director, World Trade Institute
- Giulia Cretti, Senior Researcher of Unit EU&Global Affairs Institute, Clingendael
- Lu Xuedu, Member of Academic Committee, International Financial Forum, Former Lead Climate Change Specialist, Asian Development Bank
- Xu Jintao, Director of China Centre for Energy and Development
- Liu Yu, Executive Director of New Energy Research Center, China Development Institute
Moderator:
Guo Wanda, Executive Vice President, China Development Institute
