The Asian Development Bank has announced its report finding that the EU carbon tariff coming into force in 2026 is likely to have a limited impact on emissions and climate change and a modest negative impact on economies in Asia and the Pacific.
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EU Carbon Tariff Likely to Have Limited Impact on Emissions Without Global Efforts
SINGAPORE (26 February 2024) — European Union (EU) import charges on carbon-intensive products are expected to have a limited impact on climate change and onl…