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#CBAM at a glance – Navigating the EU’s Carbon Border Adjustment Mechanism. Here our overview:

On October 1, 2023, the EU’s CBAM came into effect, leading companies to carefully consider its impact. This regulatory shift introduces challenges and opportunities that require thoughtful consideration within the evolving ‘Fit for 55’ emissions reduction framework.

CBAM is significant for companies with ties to EU production and those dealing with EU-based clients. Primarily designed to address carbon leakage concerns and maintain parity within the EU Emissions Trading System (ETS), it requires strategic adjustments.

Companies are encouraged to evaluate and adapt to the upcoming changes. The CBAM rollout demands a practical approach to navigate associated complexities and we are happy to support.

#CBAM #EURegulations #BusinessCompliance #EmissionsReduction #StrategicAdaptation