博众智合：2025年欧盟碳边境调节机制下的出口应对策略：碳泄漏风险的解决方案研究报告（英文版）

From 2026, the EU CBAM will be an essential tool to prevent carbon leakage, but a small share of EU industrial output will remain exposed via exports. Europe’s trading partners accounting for 40 percent of CBAM-covered exports already price industrial emissions, but the rest goes to countries with little or no carbon price. The Commission is expected to propose a short-term fix by the end of 2025, but a solution is needed in the long term.