1、Global Principles for Effective Border Carbon Adjustments Please cite as:ICC(2024),ICC Global Principles for Effective Carbon Border Adjustments,https:/iccwbo.org/news-publications/policies-reports/global-principles-for-effective-border-adjustments/Copyright 2024 International Chamber of Commerce Al
2、l rights reserved.ICC holds all copyright and other intellectual property rights in this work.No part of this work may be reproduced,distributed,transmitted,translated or adapted in any form or by any means,except as permitted by law,without the written permission of ICC.Permission can be requested
3、from ICC through publicationsiccwbo.org.This document,as well as any data and map included herein,are without prejudice to the status of or sovereignty over any territory,to the delimitation of international frontiers and boundaries and to the name of any territory,city or area.October 2024|Global P
4、rinciples for Effective Border Carbon Adjustments|3IntroductionThe UN Framework Convention on Climate Change(UNFCCC)and the Paris Climate Agreement are the foundation for a sustainable,net-zero emissions future.They underscore the importance of international cooperation and coordinated solutions at
5、all levels,driving the highest possible ambition and effective action.The COP28 UN Climate Change Conference further demonstrated the potential of multilateralism and reinforced that cooperation is our only option to tackle the global climate crisis and put into action the negotiated outcomes,the so
6、-called“UAE Consensus”.In this effort,the global business community not only has a pivotal role to play but also carries a clear responsibility to help put the world back on the 1.5-degree pathway.Business stands resolutely behind the goals of the Paris Agreement and achieving net zero emissions by