home
frankly speaking podcast

#24 Agnese Ruggiero: Europe’s new green tariff on imports

Listen to Agnese Ruggiero: Policy Lead at Carbon Market Watch.

In this Frankly Speaking episode we discuss carbon tariffs this week. In May 2023, the European Union's green tariff, known as the Carbon Border Adjustment Mechanism or CBAM, came into force. To go over this development, we welcome one of its key advocates, Agnese Ruggiero, Policy Lead at Carbon Market Watch, an independent watchdog working on carbon pricing, carbon markets and industrial decarbonisation. 

Listen in to a conversation about: 

  • What the carbon border adjustment mechanism is, how it will work and why it is important
  • Its relationship to the emissions’ trading scheme
  • Climate finance for developing countries
  • The United States’ decision to subsidize decarbonisation
  • How it relates to international trade rules 
  • Promoting further pathways to decarbonisation

“I don't believe that it is a protectionist type of regulation. Having a price on the carbon emitted in Europe is a good tool to incentivize decarbonization. Similarly, putting a price on the emissions that are produced when manufacturing products outside Europe is a good idea to incentivize decarbonization also among trading partners.”

Agnese Ruggiero in Frankly Speaking

You may also like these episodes

36:2

#16 Philippe Zaouati: Impact investment and the role of regulation

Listen to Philippe Zaouati, founder and CEO of Mirova, sustainability focused asset management fund.

28:35

#15 Sebastien Godinot: Key issues for corporate sustainability in 2023

Listen to Sebastien Godinot, chief economist and head of the sustainable finance unit at WWF’s EU Office.

23:11

#14 Filip Gregor: A quick guide on the EU reporting standards

Listen to Filip Gregor, member of the European Sustainability Reporting Standards Board of EFRAG and Head of Responsible Companies Section at Frank Bold.