CBAM affects EU importers of carbon-intensive goods like cement, steel, and aluminum. It aims to level the playing field between EU and non-EU producers. Key deadlines are approaching, with first reports due January 31, 2024.
CBAM - a transformative step in global trade and environmental policy - mandates importers of specific products into the EU to report the carbon emissions embedded in these goods. The transitional phase extends until January 1, 2026.