The ‘Fit for 55’ package is a priority for the energy and materials sectors, and can influence the competitive position for companies as it aims to deliver the EU’s 2030 climate target on its path to climate neutrality.
The package overhauls EU climate regulations, and has a far-reaching impact beyond Europe’s borders. There is a potential of EU carbon prices rising, free allocation of emissions allowances decreasing, and more economically critical sectors being covered by the EU ETS. Moreover, the introduction of a Carbon Border Adjustment Mechanism (CBAM) will apply a carbon price to EU imports of basic materials and electricity. Other major economies are examining the potential of similar carbon border measures, whilst also assessing whether more ambitious climate policies will reduce domestic industry exposure to CBAM.
During this webinar, leaders from McKinsey and Vivid Economics will share expert analysis on the implication of ‘Fit for 55’ and how it could re-shape the industrial sectors over the next decade. Building a competitive advantage by unbundling the risks and opportunities for long-term clean tech and helping clients transform operations and portfolio in the economy-wide transition to a more sustainable future.
For different geographies and schedules, please register in advance using the links below:
Tuesday, September 28, 2021 from 9:00 a.m. - 10:00 a.m. CET / 2:00 p.m. - 3:00 p.m. SGT / 6:00 - 7:00 p.m. SYD
Tuesday, September 28, 2021 from 10:00 a.m. - 11:00 a.m. ET / 4:00 p.m. - 5:00 p.m. CET