- The European Commission has published default values for CBAM declarants to use in reporting emissions.
- CBAM aims to determine the quantity of emissions incorporated in imported products.
- Default values can be used for the first three CBAM reports until July 31, 2024.
- From Q3 2024 to Q4 2025, default values can be used as an estimate for up to 20% of total emissions.
- Default values will be regularly revised based on data from CBAM declarants and feedback from EU entrepreneurs and non-EU producers.
- The default values are calculated based on a global average weighted by production volumes.
Source: eutekne.info
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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