Early this morning, @ERRADA, under the auspices of the #Ministry_of_Planning_and_Economic_Development, hosted a dynamic round table on the Carbon Boarders Adjustments Mechanism (CBAM). Representatives from the European Union and Egyptian Private Sector in Cement, Energy, Aluminum, Steel, and Chemicals industries came together for a fruitful discussion.
🔍 Key Points Explored:
- Impact Assessment: Delved into the magnitude of CBAM’s impact on each industry.
- Alignment and Competitiveness: Explored which industries can align with CBAM and to what extent while maintaining competitiveness.
- Effective Offsetting: Discussed the best practices for offsetting to support industries in complying with CBAM emission caps.
🌐 Diverse Perspectives: The conversation included valuable insights from international organizations, government representatives, and industry leaders. They shared thoughts on how CBAM will influence their sectors and strategies to uphold the competitiveness of the Egyptian industry.
🚀 A Step Towards Sustainable Development!
وزارة التخطيط والتنمية الاقتصادية مصر
ERRADA #CBAM #SustainableFuture #EconomicDevelopment #Green_Economy EBRD #Synerjies #RoundTableDiscussion 🌱