Business outcome
Carbon leakage
The risk of companies shifting production to regions with weaker climate policies ('carbon leakage') is described as a significant challenge addressed by CBAM, not present as a canonical concept.
What it is
The risk of companies shifting production to regions with weaker climate policies ('carbon leakage') is described as a significant challenge addressed by CBAM, not present as a canonical concept. It can undermine the effectiveness of domestic climate policies, making it essential for organizations to assess and mitigate potential leakage risks when designing or participating in carbon markets and compliance regimes.
Why it matters
It can undermine the effectiveness of domestic climate policies, making it essential for organizations to assess and mitigate potential leakage risks when designing or participating in carbon markets and compliance regimes.
How it connects
reduces
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