The Carbon Border Adjustment Mechanism (CBAM) is one of the elements of the EU Green Deal, designed to address carbon leakage.
What is CBAM? The Carbon Border Adjustment Mechanism is a carbon pricing tool implemented by the EU to help enable its low carbon transition and avoid carbon leakage (a scenario where producers move production outside of the EU to avoid climate-related policies and import carbon-intensive good...
The EU is imposing a new carbon tariff on fertilisers. Under the Carbon Border Adjustment Mechanism (CBAM), EU businesses must declare – and soon pay for – the emissions embedded in their fertiliser imports with the ultimate goal of encouraging cleaner industrial production globally....
The Carbon Border Adjustment Mechanism (CBAM) is an EU legislation introduced in a transitional state in October 2023. As of October 1, 2023, Regulation 2023/956 introduced the EU’s Carbon Border Adjustment Mechanism (CBAM), intending to reduce carbon emissions, put a fair price on the carbon...
last between October 1st, 2023 and December 31st, 2025, the scope of the above-mentioned product categories will not change. However, it is expected that by 2030, the scope of CBAM-regulated commodities will cover all sectors falling within the scope of the EU Emissions ...
My main concern with the process is still data security and that CBAM doesn't cover truly the complete value chain to the first steps upstream (raw materials). The EU states that the database is secure, but it is quite a lot of specific information...
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CBAM should limit carbon leakage by equalising the carbon price between domestic and foreign products. From 2026, the Commission is planning to phase out free allocations to the sectors concerned under the ETS to ensure a level playing field between EU producers and third-country importers. Until ...
With national laws and the upcoming EU Corporate Sustainability Due Diligence Directive set to require a significant number of UK companies to look deeper into their supply chains than ever before, a strong approach to sustainable procurement is non-negotiable. A recently proposed amendment to the ...