Carbon taxes and cross-border trade: greening trade with taxes?

8 Sep 2023 1200 - 1300 BST

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A webinar presented by the India Working Group of the IBA Asia Pacific Regional Forum, supported by the IBA International Trade and Customs Law Committee.

As the world becomes warmer, countries are taking trade measures to putatively curb carbon emissions. The European Union, as part of its environmental, social, governance (ESG) drive, is actively taking steps to levy carbon taxes on the import of goods from countries with lower emission standards. Such measures will impact energy intensive industries including steel, aluminium, chemicals and fertilisers, as well as potentially aviation, automobile and many others going forward. These policy responses have also increased focus on the development of markets for trading in carbon credits. Developing countries such as India, which have hitherto lacked a dedicated market for trading in carbon credits, will now have to develop a robust framework for the same.

While a debate has ensued concerning the compatibility of such measures with the World Trade Organization’s rules, little attention has been paid to the important implications arising under other fields such as direct and indirect taxation, investment policy and accounting treatment. Such issues also assume relevance if steps are taken towards integration of carbon credit markets across different geographies. With the objective of shedding light on legal and taxation issues arising out of the interface between carbon credits and carbon taxes, this webinar brings together experts to provide perspectives from various angles relevant for stakeholders in India and the EU.

Fees

  Prices in GBP + UK VAT @ 20%, where applicable:

IBA member

Free

Non members

£45 

Certificate of Attendance

Certificates of attendance for each session will be provided, automatically, to all delegates who have registered in advance and attended the live broadcast for a minimum of 30 minutes based on verified sign-in and sign-out times. Certificates can only be issued to the name provided at the time of registration. If you have any queries relating to your Certificate of Attendance, please email webinars@int-bar.org

Moderator
Charanya Lakshmikumaran

Moderator
Lakshimikumaran & Sridharan, New Delhi, Delhi, India

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Confirmed speakers
Yves Melin

Speaker
Reed Smith, Brussels, Belgium; Vice Chair, International Trade and Customs Law Committee

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Akhil Prasad

Speaker
Boeing India Private Ltd., New Delhi, Delhi, India

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Indranil Chatterjee

Speaker
Indian Energy Exchange, New Delhi, Delhi, India

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