Squire Patton Boggs recently convened a high-level roundtable at the American Chamber of Commerce to the European Union (AmCham EU) to address critical issues surrounding the European Union’s Carbon Border Adjustment Mechanism (CBAM). The discussion focused on carbon-accounting methodology, bringing together diplomats, regulators, technical experts, and industry leaders.
The event featured insights from the e-Ledger Institute, with Professor Karthik Ramanna of Oxford’s Blavatnik School of Government – who co-founded the Institute with Robert S. Kaplan, Professor of Leadership Development at Harvard Business School – presenting a methodology aimed at simplifying and harmonizing carbon-accounting practices globally. Squire Patton Boggs opened the session with an overview of CBAM’s regulatory status and highlighted key challenges, including methodological harmonization, verification standards, and evidentiary requirements for non-EU producers seeking access to the EU market.
This initiative builds on the firm’s thought leadership in the field, including its recent article in the Journal of Law, Market & Innovation: “Regulatory Burdens Under CBAM and ESPR in EU Law with a Focus on Proportionality and Extraterritoriality” (Vol. 4, No. 3, 2025), which examines CBAM’s extraterritorial effects and potential legal challenges.
Valerio Giovannini, associate attorney at Squire Patton Boggs, stated: “Events like the AmCham EU round table on carbon accounting methodology are crucial to ensure uniformity at the international level on the applicable legal framework and for shaping forward-looking rules at the EU level. Gatherings on this matter are not yet very common and demonstrate that we are pioneers on a topic that will become increasingly important.”
