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Effect of CBAM on the Global Cement Industry and EU ETS 2024 review and outlook

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  • Effect of CBAM on the Global Cement Industry and EU ETS 2024 review and outlook

What will be the Effect of CBAM on the Global Cement Industry? Join us at CarbonZero Global Conference and Exhibition 2024 (October 10-11) in Madrid, Spain and learn how your business will be affected.

Marta Diez, Environmental Markets Consultant at Redshaw Advisors will delve into the intricacies of the Carbon Border Adjustment Mechanism (CBAM) and its implications for MENA cement exporters. Explore the rationale behind CBAM’s existence, its operational framework, and the anticipated financial repercussions for MENA exporters and EU producers. Gain insights into the evolving landscape of MENA responses to the EU CBAM. Discover how MENA exporters can leverage this challenge as an opportunity for innovation and sustainable growth.

Her initial role as a Consultant to risk management, procurement, EU funds and all matters related to EU ETS empowers companies across to manage and reduce emissions of CO2, so they can retain a competitive advantage in a global market in which renewable energy is becoming the number one driver to success.

The presentation will touch base on:

  • Cement and clinker exports from Egypt into the EU are anticipated to rise over 127% by 2030 as a result of CBAM
  • The EU could Lose 11.9% of imports by 2030 of CBAM-covered goods into the bloc.
  • Cement and clinker exports from Turkey into the EU are anticipated to rise over 500% by 2034 as a result of CBAM

CarbonZero Global Conference and Exhibition 2024 (October 10-11) also welcomes Mrs. Luyue Tan, the Senior Carbon Analyst at London Stock Exchange Group to share ‘EU ETS 2024 review and outlook’.

Mrs. Tan works extensively with the European Carbon market including both EU ETS and UK ETS. She covers EUA/UKA price developments and market dynamics and writes trading outlook reports, as well responsible for EU ETS and UK ETS Supply models in the team. She has professional expertise in carbon pricing, sustainable finance and Nature-based solutions (NbS). She has worked as a carbon trader in China and participated in China pilot ETS design. Previously she also observes China carbon markets, offsets in China’s voluntary markets, and analyzes emerging markets in APAC area. Her insights on carbon markets are often quoted in leading media including Financial Times, South China Morning Post, Caijing, Carbon Pulse, Montel, Reuters etc.

The main content of the presentation will include:

  • Intro : Global carbon emissions and carbon pricing tools
  • EU ETS and its role helping industrial decarbonization as a key climate policy tool
  • EU ETS 2024 Q1-Q3 price development review and price outlook : what does it mean for industries in EU?
If you want to join our other 2024 events reach out to Mariana Gheorghe, Program and Marketing Manager at mariana.gheorghe@industrylink.eu – see upcoming events below:

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