Carbon Border Adjustment Mechanism (CBAM): What businesses need to know
As one of the central pillars of the EU's ambitious Fit for 55 Agenda, CBAM is the EU's landmark tool to fight carbon leakage.
The European Commission adopted rules in governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October of this year and runs until the end of 2025.
In the CBAM's transitional phase, traders will only have to report on the emissions embedded in their imports subject to the mechanism without paying any financial adjustment. This will give adequate time for businesses to prepare in a predictable manner, while also allowing for the definitive methodology to be fine-tuned by 2026.
Ibec alongside Engineering Industries Ireland will host this webinar, titled 'Carbon Border Adjustment Mechanism (CBAM): What businesses need to know' to provide practical information and guidance for members to aid them in understanding the Carbon Adjustment Mechanism.
The webinar will include a briefing from the Environmental Protection Agency (EPA) and Revenue.
Members enjoy access to our online HR Management Guide offering sample documents, guidance, research, FAQs and articles. Members also receive premium HR services and supports, networking events and preferential rates for conferences and Ibec Management Training accredited programmes and short courses.
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