Category ""
ADVERTISING
The EU’s Carbon Border Adjustment Mechanism (CBAM) is the EU's tool to put a fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries.
Self-assessment tool The Commission has developed a CBAM Self-Assessment Tool for Importers to the EU. The tool provides importers to the EU with the possibility to get a quick overview on whether the imported goods are subject to CBAM during the transitional period, what the CBAM reporting requirements for that particular type of good are, and where to find further information.
establishes a Carbon Border Adjustment Mechanism (CBAM) to prevent the risk of carbon leakage* for certain goods containing embedded greenhouse gas emissions imported into the European Union (EU); complements the EU emissions trading system (EU ETS, see summary ) by applying similar rules to imports covered by the regulation;
As from October 1, 2023, Regulation 2023/956 introduced the EU’s Carbon Border Adjustment Mechanism (CBAM) with the objective to reduce carbon emissions, put a fair price on the carbon emitted during the production of carbon intensive goods imported into the EU and encourage a cleaner industrial production through a methodology for ...
The Council presidency and European Parliament’s negotiators reached a provisional agreement today on one of the proposals of the so-called ‘Omnibus I’ legislative package: a regulation, which simplifies and strengthens the EU’s carbon border adjustment mechanism (CBAM).. The proposal seeks to provide simplification and cost-efficient compliance improvements to the CBAM regulation ...
Mit dem CBAM soll sichergestellt werden, dass für die Treibhausgasemissionen bestimmter importierter Güter der gleiche Kohlenstoffpreis gezahlt wird wie im Europäischen Emissionshandelssystem (EU-ETS). Dieses Factsheet gibt einen Überblick über die wichtigsten Merkmale des CBAM und seine Funktionsweise.
The CBAM Regulation aims to prevent carbon leakage while ensuring the effectiveness of EU climate policy, thus attempting to level the playing-field between EU producers, which are subject to the EU ETS, and foreign producers, which may not have an equivalent system in place.
Amongst the most urgent for EU companies to align themselves with the CBAM regulation is the adherence to reporting obligations from 1 October 2023.
CBAM is aligned with World Trade Organisation (WTO) rules and EU climate policies, including the phase-out of free allowances under the EU ETS. By levelling the playing field, CBAM incentivises global industries to adopt greener technologies, contributing to the fight against climate change. give us more feedback.
As the Union increases its climate ambition, that risk of carbon leakage could undermine the effectiveness of Union emission reduction policies. The initiative for a carbon border adjustment mechanism (the ‘CBAM’) is part of the ‘Fit for 55’ legislative package.