About the Book
The Carbon Border Adjustment Mechanism (CBAM) is a key part of the EU’s strategy to combat climate change and ensure fair competition. Phasing in from 2023 to 2025 and fully implemented by 2026, CBAM targets carbon-intensive imports like cement, steel, and aluminum, requiring importers to report emissions and purchase CBAM certificates.
This white paper explores the challenges and opportunities CBAM presents, especially for smaller businesses. While they may face increased compliance costs and competitive disadvantages, there are also significant opportunities for market differentiation and innovation. This paper provides insights and strategies to help smaller businesses navigate CBAM’s complexities and capitalize on its potential benefits.