CBAM
Reporting obligations for companies
The Carbon Border Adjustment Mechanism (CBAM) is a central element of the EU's "Fit for 55" package. The aim of this package is to reduce CO2 emissions by 55 percent by 2030 compared to 1990 levels. The CBAM obliges companies that import emission-intensive goods into the EU to purchase so-called CBAM emission allowances in order to compensate for the difference between the CO2 price paid in the country of origin and the higher price in the EU.
The CBAM will apply in its final form from 2026 and is currently in the transition phase. Our topic page provides an overview of current developments.
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The CO2 border adjustment mechanism (CBAM) should be simplified. This is also urgently needed: Small and medium-sized companies in particular must be exempted.
The new Clean Industrial Deal seeks to answer the industry calls for competitiveness as the successor of the EU Green Deal?
The EU wants to noticeably relieve companies of the bureaucratic costs associated with CBAM. This is a welcome relief for many small and medium-sized companies.
2025 is the last year before CBAM’s full implementation, what are the latest developments EU companies need to consider?
The EU Commission has published the Combined Nomenclature (commodity codes) for the year 2025. There are only a few changes for mechanical engineering.
Regulations are instruments used to ensure the stability and integrity of markets and industries. They serve to protect consumers, promote fair competition and ensure compliance with legal stability.
The German Emissions Trading Authority (DEHSt) provides information on the possibility for companies to provide evidence of their efforts to obtain data on CBAM goods and the use of its discretionary powers in the assessment of CBAM reports
On 19 June the EU Commission held a webinar for companies who are currently obliged to report emissions related to imports under the Carbon Border Adjustment Mechanism.
Major effort required to implement the CO2 border adjustment mechanism
On 1st October 2023 the transitional phase and first reporting period of the Carbon Border Adjustment Mechanism (CBAM) began.
Whether it's new free trade agreements, legislation to achieve climate targets or proposals on digitalization and much more - the European Office in Brussels advocates for the interests of the mechanical engineering industry at European level.
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