- European Commission welcomes agreement on simplifying and strengthening the carbon border adjustment mechanism
- Proposal includes a new exemption threshold of 50 tonnes for CBAM goods
- Aims to reduce administrative burdens while maintaining CBAM functionality
- Mostly affects SMEs and individuals importing small quantities
- Seeks cost-efficient compliance improvements without compromising climate goals
- 99 percent of emissions in imported CBAM goods still covered
- Simplifications for importers above the threshold include authorisation and data processes
- European Parliament and Council must formally adopt the package
- CBAM definitive phase starts on 1 January 2026
- Part of the Commission’s Omnibus I simplification package
- Further review and legislative proposal expected later this year
Source: ec.europa.eu
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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