How the EU plans to lead the global green transition

Cecilia Trasi, a representative from Bruegel, dives into the EU's ambitious climate action strategy. She highlights how the EU seeks to balance decarbonization with economic competitiveness while building crucial partnerships with emerging economies. The discussion covers the upcoming Carbon Border Adjustment Mechanism and its implications for international trade. Trasi also delves into the EU's climate finance initiatives and the importance of aligned trade regulations to bolster global decarbonization efforts, despite the challenges in EU green diplomacy.