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EU CBAM (Carbon Border Adjustment Mechanism) and its implication for Japanese companies

November 13 2023

The Delegation of the European Union to Japan,
The Institute of Energy Economics, Japan
and The EU-Japan Centre for Industrial Cooperation 
Joint Hybrid Seminar

EU CBAM (Carbon Border Adjustment Mechanism)
and its implication for Japanese companies

Monday, November 13, 2023 17:00-18:30 Tokyo (9:00-10:30 Brussels)
Venue: Delegation of the European Union to Japan (See detail) + ZOOM Webinar
(With English-Japanese Simultaneous Interpretation / Free Event)

EU CBAM was introduced as a carbon leakage measure complementing the increased decarbonisation efforts of EU industries The application of the CBAM has started this October with a transitional period that will last until end of 2025, during which only reporting requirements will apply. Financial obligations for EU importers will start to gradually apply as from 2026, in line with the gradual reduction of free allocations under the EU Emissions Trading System (ETS) which will be completed by 2034. Sectors covered by CBAM are the iron & steel, aluminum, electricity, cement, fertilizer and hydrogen, but it may be expanded to other products that are at risk of carbon leakage in the future. 

In this seminar, the Director-General of DG TAXUD of the European Commission, will talk about the current status, future measures and responses, and discuss together with related parties of Japan. A delegation of European Commission officials in charge of the implementation of CBAM will be accompanying the DG and available to discuss with Japanese stakeholders during this event, including during the networking reception that will follow the panel discussion. Click here for details and map.

Agenda


-    MC & Moderator: Yasuo Tanabe, Managing Director,  the EU-Japan Centre for Industrial Cooperation
 
17:00-17:15 (9:00-9:15) Keynote speech
-    Gerassimos Thomas, Director General Taxation and Customs Union (DG TAXUD)
European Commission 
 
17:15-17:30 (9:15-9:30) Views from Japan
-    Yojiro Hatakeyama, Director-General, Industrial Science, Technology and Environment Policy Bureau, METI

17:30-18:30 (9:30-10:30)  Panel discussion
-    David Boublil, Deputy Head of Unit, CBAM, energy and green taxation, Directorate-General for Taxation and Customs Union (TAXUD), European Commission 
-    Miki Yanagi, Executive Economist, Climate Change Group, Climate Change and Energy Efficiency Unit, the Institute of Energy Economics, Japan (IEEJ)
-    Toru Ono, Policy adviser, the Japan Iron and Steel Federation (JISF)

18:30-19:30 Networking Reception

- Q & A: Any questions during the online seminar will be welcomed at the Q & A box from your PC etc. Questions in advance are also welcome and please fill in the question / comment column when registering for onsite or online participation.

- Registration: For onsite participation (capacity 100 people): Click here
                          For online participation: Click here for ZOOM registration

 

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