its forthcoming carbon border

In fact, the EU could even encourage the GCC states to see its forthcoming carbon border adjustment mechanism (CBAM) as a financial product and – as with its emissions trading system (ETS) – a new source of climate financing. Europeans could discuss this with their GCC counterparts at COP28 while offering technical assistance to draw up a carbon-pricing framework, which is currently absent in the GCC. Given the relatively low-carbon content of GCC industry, detailed carbon pricing could be more convenient than standard emissions metrics and increase acceptance of the CBAM in the region. สล็อต เว็บตรง