How Businesses Can Adapt to CBAM Requirements
The Carbon Border Adjustment Mechanism (CBAM) is transforming global trade by placing a price on the carbon emissions of imported goods into the European Union (EU). Businesses that export to the EU must understand and comply with CBAM to remain competitive and avoid penalties. This guide explores how businesses can adapt to CBAM requirements efficiently. […]
The Role of CBAM in Combating Carbon Leakage
As the world intensifies efforts to reduce greenhouse gas emissions, one critical challenge remains: carbon leakage. Carbon leakage occurs when industries relocate production to countries with laxer environmental regulations, undermining global climate action. To combat this, the Carbon Border Adjustment Mechanism (CBAM) has emerged as a key policy tool. In this article, we explore CBAM’s […]
CBAM Certificates: Understanding This Crucial Component of the Carbon Border Adjustment Mechanism
The EU’s Carbon Border Adjustment Mechanism (CBAM) is set to significantly impact global trade. A key element of this policy is the CBAM certificate. This newsletter provides a concise overview of what these certificates are and their significance. What are CBAM Certificates? A Mechanism for Carbon Pricing: CBAM certificates represent the financial value of carbon […]
How CBAM Will Reshape the Energy Sector
The Carbon Border Adjustment Mechanism (CBAM) is poised to revolutionize the energy sector by fundamentally altering how carbon emissions are accounted for across international supply chains. As governments and industries strive to meet global climate targets, CBAM introduces a new framework for taxing carbon emissions embedded in imported goods, leveling the playing field for domestic […]
Understanding CBAM: Who Needs to Report?
The EU’s Carbon Border Adjustment Mechanism (CBAM) is set to significantly impact global trade. This new regulation aims to prevent “carbon leakage” by requiring importers of certain goods to report and eventually pay for the carbon emissions embedded in those products. Who needs to report under CBAM? Direct Importers: Companies directly importing goods covered by […]
CBAM for Iron and Steel: A Comprehensive Guide
The Carbon Border Adjustment Mechanism (CBAM) has become a critical tool in the global effort to combat climate change. As industries like iron and steel are among the largest carbon emitters, the introduction of CBAM represents a significant step toward reducing emissions and leveling the playing field for industries complying with stringent environmental regulations. This […]
