Carbon border adjustment mechanism (CBAM) designed to encourage this resource efficiency, recycling, said Fadeeva (see below)

Least developed countries probably need better protection from the CBAM costs via climate finance: Heidegger

Companies are becoming more and more anxious about cost of compliance and a tsunami of regulation (only one of which is CBAM): Othman

Happaerts pushed back on the criticism that CBAM was hurting least developed nations, saying Europe was “taking the lead” and taking responsibility for its consumption via CBAM

Countries can introduce domestic carbon pricing to avoid any CBAM costs at all; that’s the point — there will be more revenue for the domestic governments/taxpayers (selling space in the atmosphere instead of giving it away for free) and less revenue for EU CBAM: Happaerts

Some Asian exporters may decide not to supply Europe and fosuc on “low compliance” markets instead; consultation periods need to be longer: Wijesinha

(more to come)