To ask the Chancellor of the Exchequer, whether she plans to provide exemptions to Developing Countries Trading Scheme countries for Carbon Border Adjustment Mechanisms.
The UK has no current plans for an exemption from the Carbon Border Adjustment Mechanism (CBAM) for least developed countries (LDCs). UK imports from LDCs make up a very small proportion of total CBAM imports, approximately 0.03% (HMRC origin data 2023). ...
Developing Countries Trading Scheme