Fix that leak! How to design a watertight CBAM

How to design a watertight CBAM to protect the European steel industry from carbon leakage.

The European Commission is due to unveil its 2040 Climate Targets. But those targets are already under threat.
 
The European steelindustry is leading the transition to green production. But it’s being undercut by cheaper, high-emission imports, resource shuffling that hides real emissions, and lack of level playing field for EU exports - which are the only ones facing carbon costs.

The Carbon Border Adjustment Mechanism (CBAM) was designed to prevent this, to cut global emissions and ensure fair competition in the green transition. But in its current form, it’s riddled with loopholes that don’t just threaten EU industry – they push emissions & jobs abroad, and undermine the very objectives of European ClimateAction.

What good is climate ambition at home if emissions, jobs & unfair practices keep slipping through CBAM's cracks at the border?

CBAM can still deliver – for climate and for industry – but only if it’s watertight. Our latest video explores how a well-designed CBAM can turn climate ambition into real impact, while securing the future of European steel.

Watch the video here

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30.06.2025