▪ 2023 has marked the beginning of a worldwide green transition in response to the global climate crisis.
▪ From Oct. 2023, the EU will apply the Carbon Border Adjustment Mechanism (CBAM) to products produced offshore.
▪ The US introduced the Clean Competition Act, which will impose a carbon tax on 12 imported items beginning in 2024.
▪ The US supports climate-aligned industries through the IRA.
▪ Europe also promotes the CRMA, the NZIA, and subsidy deregulation for green industries.
▪ Carbon trade barriers in major countries will increase the burden on Korean exporters with a large share of manufacturing.
▪ Comprehensive measures covering climate policy-related laws and systems are needed for a sustainable green transition.