CBAM is the new game changer in global trade and sustainable industry!
What is CBAM? The Border Carbon Adjustment Mechanism (CBAM) is a tool for taxing carbon emissions per product produced in energy-intensive sectors such as Cement, Iron-steel, Aluminium, fertilizer, Electricity, and Hydrogen. In other words, CBAM is an environmental policy instrument created to achieve the European Union’s climate neutrality goals by reducing greenhouse gas emissions […]
As of October 1, 2023, the CBAM transition period has begun!
As of October 1, 2023, the Carbon Border Adjustment Mechanism (CBAM) transition period has officially commenced. The transition period, which started on October 1, 2023, will be completed on December 31, 2025. The transition period requirements include the mandatory calculation and reporting of carbon footprints per product for carbon-intensive products imported from sectors such as […]
