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CBAM and Agriculture: Opportunities, Challenges, and Perspectives

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  • Santeramo, Fabio G.
  • Jelliffe, Jeremy

Abstract

After long consultations with stakeholders and parties that may be affected? , simulations of potential impacts and discussion to twist the design of the Carbon Border Adjustment Mechanism (CBAM) to be feasible, justifiable, and effective, the measure has been approved by the European Union in 2023 and has been officially started in October, for five sectors, included fertilizers as major input in agriculture. We use descriptive statistics and graphical analyses to highlight specific and relevant characteristics of target CBAM sectors for fertilizer.

Suggested Citation

  • Santeramo, Fabio G. & Jelliffe, Jeremy, 2024. "CBAM and Agriculture: Opportunities, Challenges, and Perspectives," Commissioned Papers 344137, International Agricultural Trade Research Consortium.
    • Handle: RePEc:ags:iatrcp:344137
    DOI: 10.22004/ag.econ.344137
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    References listed on IDEAS

    as
    1. Cecilia Bellora & Lionel Fontagné, 2022. "EU in Search of a WTO-Compatible Carbon Border Adjustment Mechanism," Working Papers 2022-01, CEPII research center.
    2. Kym Anderson & Gordon Rausser & Johan Swinnen, 2013. "Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 423-477, June.
    3. Brian R. Copeland, 2013. "Trade and the Environment," Palgrave Macmillan Books, in: Daniel Bernhofen & Rod Falvey & David Greenaway & Udo Kreickemeier (ed.), Palgrave Handbook of International Trade, chapter 15, pages 423-496, Palgrave Macmillan.
    4. Bombardini, Matilde, 2008. "Firm heterogeneity and lobby participation," Journal of International Economics, Elsevier, vol. 75(2), pages 329-348, July.
    5. repec:clg:wpaper:2013-05 is not listed on IDEAS
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    Keywords

    Climate Change; Crop Production/Industries; International Relations/Trade; Sustainability;
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