What is it?
This year, EU Council approved among others, the proposal for a Carbon Border Adjustment Mechanism (“hereinafter referred to as “CBAM”) for selected products, aiming at reducing the risk of carbon leakage, as part of the European Union’s ‘Fit for 55’ package which functions in parallel with the EU’s Emissions Trading System (EU ETS).
Source PwC
Latest Posts in "European Union"
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