EU carbon border tax won't squeeze existing SA exports just yet

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South Africa is one of the most carbon-intensive economies in the world - and the most among G20 countries.
South Africa is one of the most carbon-intensive economies in the world - and the most among G20 countries.
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South African exporters, including small businesses, will have to make adjustments to comply with new legislation from the EU as the continent aims to achieve carbon neutrality by 2050.

The European Commission has a set of policy initiatives known as the European Green Deal (EGD) with the aim of the continent reaching its climate targets by 2030. While the policy and regulatory changes are still in the making, there will be implications, especially for the EU's trade partners like South Africa, according to Trudi Hartzenberg, executive director of the Trade Law Centre (Tralac).

Hartzenberg was one of the speakers during a virtual discussion hosted by non-profit GreenCape, on the trade opportunities for small and medium enterprises from the EDG.

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