The climate club, which Olaf Scholz officially established as G7 chair on Monday, apparently offers no protection against international trade barriers such as the Carbon Border Adjustment Mechanism (CBAM). This was made clear by CBAM rapporteur Mohammed Chahim (S&D) on Tuesday. Shortly before, the trilogue reached an agreement on the scope and functioning of the CBAM (Europe.Table reported). Chahim said the climate club has no link to the CBAM. Exceptions to the climate tariff would only exist for countries with their own carbon price.