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EU CBAM could shrink South Africa’s exports 10% by 2050 -central bank « Carbon Pulse

Summary by Carbon Pulse
South Africa’s economy could suffer significantly if the EU’s carbon border adjustment mechanism (CBAM) is extended to all sectors, leading to a 10% drop in exports by 2050, according to the country’s central bank.
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EU CBAM could shrink South Africa’s exports 10% by 2050 -central bank « Carbon Pulse

South Africa’s economy could suffer significantly if the EU’s carbon border adjustment mechanism (CBAM) is extended to all sectors, leading to a 10% drop in exports by 2050, according to the country’s central bank.

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Carbon Pulse broke the news on Monday, May 20, 2024.
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