Africa stands to lose US$25 billion every year
EU’s carbon border tax
Critics see the European Union's Carbon Border Adjustment Mechanism as an industry protection measure that will have negative repercussions on regions such as Africa. David Luke, a professor in practice and strategic director at the Firoz Lalji Institute for Africa at the London School of Economics and Political Science, explores the issue.
A new European law that imposes the first ever carbon border tax in the world comes into force in October 2023. It will be applied gradually over the next three years before it is
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