European steelmakers are concerned about the timing of the transition to CBAM

One of the problems is the lack of renewable energy supply capacity
The EU and India will negotiate on the application of CBAM

Indian industrialists are concerned about the future impact of the mechanism on the country's exports
Turkiye needs an emissions trading system aligned with the EU ETS

The country's steel industry has an advantage due to the extensive use of EAF
Ukrainian business will offer the market concept for local emissions trading system

The analyst company GMK Center will be the executor of the study
India is asking the EU to recognize its carbon credit trading scheme

The country strives for the development of the internal carbon market
The UK starts consultations on its own analogue of CBAM

The UK and the EU will strengthen the coordination of mechanisms for carbon adjustment of imports

Україна необхідна Європі як промисловий потенціал
Europe needs Ukraine as an industrial potential

The Ukrainian industry can change and become more environmentally friendly. This is only a matter of means and geopolitics

Businesses are ready to invest in BAT under understandable condition

Steel producers are ready to invest in environmental modernization as much as necessary, but they want political money back guarantees

Экомодернизация нуждается в государственной поддержке
Environmental modernization needs government support

Following the example of the European Union, Ukraine needs to provide companies with financial support for environmental modernization

The introduction of the CBAM may worsen the position of steel industry

It is necessary to think over compensatory mechanisms to support the operation of steelmaking companies

Economic stagnation is a key risk for climate policy

A cut in emissions is impossible if it is not backed up by economic growth

CBAM introduction will not accelerate the environmental modernization of the industry

The CBAM will cause a decrease in Ukrainian producers’ investments

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