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 […]
Greenhouse Gas (GHG) Accounting – Assessment & Management of Environmental Impact of Greenhouse Gases
What is Greenhouse Gas (GHG) Accounting GHG accounting refers to the procedure of quantifying and tracking Greenhouse Gas emissions produced by various human activities, a few namely – manufacturing, logistics etc. GHG accounting is critical in assessing and managing the environmental impact of gases that cause greenhouse effect including carbon dioxide, methane, and nitrous oxide, […]
