- The transitional period for CBAM ends on 1 January 2026, introducing new obligations for importers.
- CBAM aims to prevent carbon leakage by requiring CO₂ emissions accounting for imported goods.
- Affects product groups: cement, iron and steel, aluminium, fertilisers, electricity, hydrogen.
- Importers must register in the CBAM system and purchase certificates from 2026.
- Small importers with less than 50 tonnes annually are exempt from registration and certificate purchase.
- Nearly 90% of current CBAM reporters are small importers, contributing to only 1% of emissions.
- Importers near the exemption threshold must monitor volumes and register if necessary.
- Companies exceeding 50 tonnes may benefit from simplifications like deferred certificate purchase and use of default emission values.
- Requirement to maintain certificates reduced from 80% to 50% of projected emissions.
- Annual declaration deadline extended to 31 August, with the first due by 31 August 2027.
- Reporting obligations can be delegated, but importers remain responsible for compliance.
- European Commission proposals need approval.
Source: mddp.pl
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.
