The Asian Development Bank has announced its report finding that the EU carbon tariff coming into force in 2026 is likely to have a limited impact on emissions and climate change and a modest negative impact on economies in Asia and the Pacific. --- EU Carbon Tariff Likely to Have Limited Impact on Emissions Without Global Efforts SINGAPORE (26 February 2024) — European Union (EU) import charges on carbon-intensive products are expected to have a limited impact on climate change and only a modest negative effect on economies in Asia and the Pacific, according to research by the Asian Development...