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flag Europe’s CBAM carbon levy on key imports starts Jan. 1, 2026, pushing global nations to adopt carbon pricing.

flag Europe’s Carbon Border Adjustment Mechanism (CBAM) launches fully on January 1, 2026, requiring importers of steel, aluminium, and fertilizers to pay levies based on embedded carbon emissions if they don’t meet EU standards. flag Designed to prevent carbon leakage and promote global climate action, the policy has prompted China, Turkey, Japan, and others to advance or expand carbon pricing systems. flag The UK and Canada are considering similar measures. flag While critics including Russia and China call it protectionist and a trade barrier, experts note significant global momentum toward carbon pricing, though long-term success depends on widespread adoption and policy alignment.

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