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Carbon Border Adjustment Mechanism (CBAM) and the Role of Life Cycle Assessment (LCA)

20/02/2025 | 12:00pm - 4:30pm

Event Location: Business Central

Event Address: 2 Union Square, Central Park, Darlington, DL1 1GL

Description

The European Union's Carbon Border Adjustment Mechanism (CBAM) is a ground-breaking policy tool designed to address carbon leakage and create a level playing field for EU industries subject to the EU Emissions Trading System (ETS). As the CBAM is set to be phased in from 2023, businesses must understand its implications and the vital role that Life Cycle Assessment (LCA) plays in its implementation.

Why attend:

  1. Gain a deep understanding of the CBAM and its implications for your business.
  2. Discover best practices for data collection, system boundary definition, and emission allocation in CBAM-related LCAs
  3. Hear from experts and case studies on the practical application of LCA in the context of the CBAM.
  4. Stay up-to-date on the latest policy developments and their potential impact on your business
  5. Network with professionals from various industries, policy experts, and LCA practitioners.

Who should attend:

  1. Sustainability and environmental managers
  2. Trade compliance professionals
  3. Supply chain and procurement managers
  4. Policy advisors and government relations professionals
  5. LCA practitioners and consultants
  6. Researchers and academics interested in carbon pricing and border adjustment mechanisms

Learning outcomes:

By attending this event, you will:

  1. Understand the fundamentals of the CBAM and its timeline for implementation.
  2. Understand how CBAM and UK CBAM will work together.
  3. Gain knowledge of the role of LCA in determining the carbon footprint of imported goods under the CBAM
  4. Discover case studies and best practices for applying LCA to assess the carbon footprint of CBAM-subject products.
  5. Identify strategies for preparing your business for the CBAM and integrating LCA into your compliance processes.
  6. Stay informed about the latest policy developments and their potential impact on global trade and carbon pricing.

Agenda

12:00 - 12:45 Lunch and Networking

Session 1: Introduction to CBAM

12:45 - 13:00  Gladys Castillo, Decerna - Introduction to the Tees Valley Net Zero Project

13:00 - 13:30  Matt Costello, HM Treasury - Shaping the UK's Response to International Climate Policy

13:30 - 14:00  Catherine Scott, Decerna - CBAM in Practice: A quick Practical Guide

14:00 - 14:10 Break

Session 2: Industry Perspectives

14:10 - 14:30 Stuart Coles, University of Warwick - LCARSIN: Developing CBAM Methodology via Life Cycle Assessment

14:30 - 14:50 Ben Bradford, Tees Global - Trading with the EU: Key Considerations for Tees Valley Businesses

14:50 - 1510 Phil Forster, Teesside International - Tees Valley Freeports: Impacts on Trade

15:10 - 15:30 Break for Panel Setup

Session 3: Q&A

15:30 - 16:15 Panel Discussion

16:15 - 16:30 Networking and wrap up

    16:30 End

Please note: This is for organisations based in the Tees Valley area (Middlesbrough, Hartlepool, Darlington, Redcar and Cleveland, Stockton-on-Tees). This event is funded by the Tees Valley Combined Authority (TVCA) Net Zero programme, funded by the UK Government through UK Shared Prosperity Fund (UKSPF).