- The EU Commission has launched three consultations on the implementation rules for the Carbon Border Adjustment Mechanism (CBAM) to clarify key rules before the definitive phase starts on January 1, 2026. Feedback can be submitted until September 25, 2025. The consultations focus on the methodology for calculating emissions in CBAM goods, the adjustment of CBAM certificate obligations considering free allocations in the EU Emissions Trading System, and the crediting of CO₂ prices paid in third countries. Affected parties include importers and authorized CBAM declarants in sectors like cement, iron & steel, aluminum, fertilizers, electricity, and hydrogen, as well as relevant authorities and stakeholders in third countries. Companies should prepare for CBAM application by reviewing supply chains, applying for authorized CBAM declarant status, and considering simplifications like the de-minimis threshold for imported goods.
Source: awb-international.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.
Latest Posts in "European Union"
- Business Leaders Call on EU to Modernize Customs Union and Revive Türkiye Membership Talks
- EU VAT Compliance Gap Hits €128 Billion in 2023, Driven by Six Major Economies
- EU Triangular Transactions: More Than Three Parties Allowed, Rules European Court in 2025 Decision
- INTA Reviews EU Proposal to Extend CBAM to Downstream Goods and Strengthen Anti-Circumvention Measures
- European Commission Evaluates Fiscalis Programme’s Impact on EU Tax Fraud Prevention and Cooperation
