This " carbon border adjustment mechanism" (CBAM) aims to level the playing field.

这种“碳边界调整机制”(CBAM)旨在创造公平的竞争环境。

The central bank will employ the " significant role" of the adjustment mechanism and improve the market-based formation of interest rates to promote a reduction in corporate financing costs, according to the first-quarter monetary policy report released on Monday.

周一发布的《2022 年第一季度中国货币政策执行报告》称，央行将发挥调整机制的“重要作用”，完善市场化利率形成，推动降低企业综合融资成本。

The " carbon border adjustment mechanism" (CBAM) will, by 2026, start to levy a carbon price on all the bloc's imports, meaning that European companies will have a strong incentive to push suppliers around the world to go green.

“碳边界调整机制”（CBAM）将在2026年开始对欧盟所有进口产品征收碳价，这意味着欧洲企业将有强大的动力推动全球供应商走向绿色。