CBAM Compliance: Fostering a Collaborative Transition to Low Carbon Trade across EU and non-EU countries
Introduction to CBAM The European Union established a framework called “Carbon Border Adjustment Mechanism” (CBAM) in 2023, which is part of the “Fit for 55 package”, a proposal to reduce Greenhouse Gas (GHG) emissions in the EU by 55% by 2030. It is designed to impose a fair price on carbon emissions from carbon-intensive goods entering the EU. CBAM […]
