The Future Impact of EU Cross-Border Carbon Tariffs on SA’s Fishing Industry

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is more than just a climate policy – it is a signal that global trade is being reshaped by environmental responsibility. While the EU presents CBAM as a necessary tool to prevent “carbon leakage” and level the playing field for industries within its jurisdiction, its ramifications reach far beyond Europe’s borders. For South Africa’s fishing industry, the potential impact is both profound and immediate.