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New Circular for EU Regulation Establishing CBAM: Overview and Implementation Framework

  • Circular E_2072/2023 notifies Regulation (EU) 2023/956 CBAM
  • CBAM is an environmental measure relating to the import of carbon-intensive goods
  • CBAM was activated on October 1st, 2023
  • The measure impacts certain goods such as aluminium, iron and steel, electricity, hydrogen, fertilisers, and cement
  • The exact goods impacted are specified by TARIC Codes, Combined Nomenclature, or Harmonised System Codes
  • Download the report for more detailed information on the new circular.

Source: pwc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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