The Carbon Border Adjustment Mechanism

The EU CBAM is a political agreement on an EU-wide Carbon Border Adjustment Mechanism (CBAM). This mechanism will initially apply to imports of certain goods and selected precursors whose production is carbon-intensive and where there is the greatest risk of carbon leakage, and will levy a tax on emissions released during the production of these goods in third countries.

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CBAM in a nutshell: Watch the short video to learn more

The Carbon Border Adjustment Mechanism (CBAM) is a mechanism by which the EU imposes carbon taxes on imported goods from countries that do not have equivalent carbon pricing. The CBAM aims to create a level playing field for EU companies and encourage greater international cooperation to reduce ... See the explanatory video.

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