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. CBAM will apply in its definitive regime from 2026, while the current transitional phase lasts between 2023 and 2025. This gradual introduction of the CBAM is aligned with the phase-out of the allocation of free allowances under the EU Emissions Trading System (ETS) to support the decarbonisation of EU industry. The webinar provides practical information and guidance for members to aid them in understanding the Carbon Adjustment Mechanism. The webinar included a briefing from the Environmental Protection Agency (EPA) and Revenue.