This report argues that Europe’s climate policymakers must prepare options to ensure the resilience of its industrial strategy in a global context of increasing fragmentation, and proposes a ‘climate contribution’ approach. In particular, the EU’s Carbon Border Adjustment Mechanism (CBAM) may not be sufficient to provide a level playing field if other countries do not pursue comparable carbon pricing strategies. 

The report is authored by a group of academics from institutions across Europe,[i] led by Karsten Neuhoff and Misato Sato, and published by the Grantham Research Institute on Climate Change and the Environment with DIW Berlin and CETEx.

External link to publication


[i] Authors: Karsten Neuhoff (DIW Berlin; Technical University Berlin), Misato Sato (Grantham Research Institute on Climate Change and the Environment, LSE), Fernanda Ballesteros (DIW Berlin; Technical University Berlin), Christoph Böhringer (Carl von Ossietzky University of Oldenburg), Simone Borghesi (European University Institute; University of Siena), Aaron Cosbey (Small World), Katsuri Das (Institute of Management Technology, Ghaziabad, Delhi-NCR), Roland Ismer (University of Potsdam), Angus Johnston (University of Oxford), Pedro Linares (Institute for Research in Technology; Comillas Pontifical University), Sini Matikainen (Grantham Research Institute on Climate Change and the Environment, LSE), Stefan Pauliuk (University of Freiburg), Alice Pirlot (Geneva Graduate Institute), Philippe Quirion (CNRS, CIRED), Knut Einar Rosendahl (Norwegian University of Life Sciences), Aleksander Sniegocki (Reform Institute, Warsaw), Harro van Asselt (University of Cambridge) and Lars Zetterberg (IVL Swedish Environmental Research Institute).