CBAM regulation in the Official Journal of the EU (CELEX_32023R0956_EN_TXT)

The EU Carbon Border Adjustment Mechanism (CBAM) imposes a carbon cost on certain imported goods based on their carbon footprint. It aims to prevent carbon leakage by ensuring imported products attract a similar carbona cost to domestic ones.

This mechanism intends to protect European industries from unfair competition while encouraging global partners to adopt climate-friendly practices. CBAM aims to be WTO-compliant and could impact trade dynamics by aligning imported goods’ carbon costs with EU’s climate goals..

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C_2023_5512_1_EN_ACT_part1_v6-2