How will Europe transform trade and climate policy with a carbon border levy?

The European Union (EU) has initiated a far-reaching revolution in climate trade legislation. From 2026, a tax has been introduced on carbon emissions generated by the production of some goods, such as steel or cement, which the EU imports to other countries. Swiss info explains in detail the innovative Carbon Border Adjustment Mechanism (CBAM)external link, which is a pioneer in the market in the search for global practices that generate fairer climate action.

Switzerland is cautious about the new tax. As a non-EU member, it is exempt from paying the CBAM, but is willing to reassess its position on carbon taxes. Some developing nations consider the EU’s CBAM to be unfair, and although it is expected to have good results, its long-term success will depend on its ability to prompt other nations to take similar action.

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