Contributors Acknowledgements Ibrahim Ayoade Adekunle Research Fellow, College of Economic and Management Sciences, University of South Africa, Republic of South Africa James Adenuga Group Chief, Health, Safety, Security and Environment and Sustainability, Dangote Group, Nigeria Antoine Bonnet Policy Advisor, International Institute for Sustainable Development (IISD), Canada Ieva Baršauskaitė Senior Policy Advisor, International Institute for Sustainable Development (IISD), CanadaKen Chiu Head of Carbon and ESG Products, Markets, Hong Kong Exchanges and Clearing (HKEX), Hong Kong SAR, China Chanyau Chong Co-Founder and Vice Chairman, Climate Finance Asia, Hong Kong SAR, China William Chu Senior Vice-President and Head of Institutional Banking Group, Fubon Financial Holding, Taiwan, China Bian Deming Sustainability Expert, Hisense Group, People’s Republic of ChinaWorld Economic Forum Laia Barbara Head of Climate Strategy, Switzerland Kimberley Botwright Deputy Head of Centre for Regions, Trade and Geopolitics, Head of Responsible Trade & Governance, Switzerland Wee Kean Fong Head of Nature and Climate, People’s Republic of China Pedro Gómez Head, Industry Agenda, SwitzerlandWilliam Jernigan Lead, Climate Strategy, Switzerland Yufang Jia Fellow, Climate Strategy, Switzerland Jeet Kar Lead, Policy and Sustainable Trade, Switzerland Christin Martens Specialist, Climate Finance, Switzerland Sha Song Specialist, Health, Wealth and Security Content and Programming, People’s Republic of China The World Economic Forum and Climate Finance Asia would like to thank all companies that participated in interviews, the two focus group meetings and the workshop sessions, as well as individuals’ insights and feedback throughout this project. Climate Finance Asia Toby Cheng Manager, Sustainable Finance Analysis, Hong Kong SAR, People’s Republic of China Donald Eubank Senior Consultant, JapanFarhad Taghizadeh-Hesary Chief Economist, Japan Alan To Chief Executive Officer, Hong Kong SAR, People’s Republic of China Climate and Competitiveness: Border Carbon Adjustments in Action 36

Climate and Competitiveness Border Carbon Adjustments in Action 2025