THE GCC PETROCHEMICAL INDUSTRY AND THE EU CARBON BORDER ADJUSTMENT MECHANISM (CBAM)

Position Paper, Publications

Download paper “The GCC Petrochemical Industry and the EU Carbon Border Adjustment Mechanism (CBAM)”, a position paper by GPCA, conveys critical questions and uncertainties surrounding the introduction of the EU CBAM and its potential impact on the GCC petrochemical industry. CBAM, introduced under the EU Green Deal, imposes carbon costs on imported goods, creating compliance,…

CBAM implications for fertilizers and possible extension to other sectors

Publications, Report

Download report As governments worldwide accelerate decarbonization efforts, the EU’s Carbon Border Adjustment Mechanism (CBAM) is emerging at the forefront of regulatory change. As part of the EU Green Deal, CBAM imposes new costs on carbon-intensive imports, significantly impacting fertilizer, hydrogen, and chemical industries. For export-driven regions like the GCC, where Europe accounts for over…