{"id":2914,"date":"2024-11-29T00:01:00","date_gmt":"2024-11-28T16:01:00","guid":{"rendered":"http:\/\/minjeng.com\/?p=2914"},"modified":"2025-04-06T14:52:46","modified_gmt":"2025-04-06T06:52:46","slug":"iso14064-guide","status":"publish","type":"post","link":"https:\/\/minjeng.com\/en\/iso14064-guide\/","title":{"rendered":"Master the climate action strategy of 14064-1 and 14067: analysis of global standards and a winning guide for key certification applications!"},"content":{"rendered":"

The World Economic Forum will publish a global risk report in 2023, gathering 1,200 experts to assess 34 risks and provide in-depth analysis of these possibilities and impacts. Among the top ten risks in the long term (in the next 10 years), 6 are directly related to the climate environment.<\/p>\n\n\n\n

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Source: World Economic Forum (2023)<\/p>\n\n\n\n

1. International greenhouse gas reduction practices and regulations:<\/h2>\n\n\n\n
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  1. The European Emissions Trading System (EU ETS) is one of the major climate policies launched by the European Union<\/li>\n<\/ol>\n\n\n\n

    Since its implementation in 2005, it has become one of the largest and most successful carbon emissions trading systems in the world. The emissions trading model of the EU ETS encourages companies to compete at lower carbon emission levels while providing economic incentives to achieve the EU's greenhouse gas emission reduction targets. The European carbon market is constantly adjusting and is regarded as a reference model for carbon markets in other regions around the world, with a demonstration effect.<\/p>\n\n\n\n

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    1. The Carbon Border Tax (CBAM) is a carbon border adjustment mechanism launched by the European Union to prevent carbon leakage and promote clean industries.<\/li>\n<\/ol>\n\n\n\n

      CBAM requires purchase vouchers for high-carbon-emission products imported into the EU to ensure that their production complies with EU carbon emission standards and prevent companies from transferring high-carbon-emission products to non-EU countries with looser environmental policies, causing carbon leakage. CBAM has been put into trial operation in 2023 and will be officially collected in 2027.<\/p>\n\n\n\n

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      1. The U.S. Carbon Tariff (CCA), known as the Clean Competition Act, is designed to punish manufacturers of carbon-intensive products.<\/li>\n<\/ol>\n\n\n\n

        The implementation of CCA will be based on the average carbon content of U.S. products, and carbon fees will be levied on both imported products and U.S. products whose carbon content exceeds the benchmark. CCA is expected to be officially launched in 2024.<\/p>\n\n\n\n

        Take a European manufacturing company\u2019s participation in EU ETS as an example:<\/p>\n\n\n\n