The European Parliament and the EU Council have approved the draft regulation on the CBAM (Carbon Border Adjustment Mechanism), the issue that have popped out on our blog several times. Pursuant to this draft, the first obligations related to CBAM will apply from 1 October 2023.
CBAM aims to minimize the risk related to the import of goods from third countries that do not apply EU measures for cutting greenhouse gas emissions by imposing additional costs on importers. This cost will depend primarily on embedded emissions and will be settled through CBAM certificates.
Source: mddp.pl
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