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How to navigate next steps for the EU Carbon Border Adjustment Mechanism
In this webcast, panelists discuss the latest EU CBAM developments, timeline and next steps for impacted businesses.
The first European Union (EU) Omnibus simplification package, which includes proposed changes to the EU Carbon Border Adjustment Mechanism (CBAM), has led to a flurry of commentary from political groups, advisors, NGOs and companies. One thing is clear: the CBAM remains a cornerstone measure in the EU’s ambition to reduce emissions by at least 55% from 1990 levels by 2030.
In this webcast, we outline what the proposed changes mean for businesses and where to go from here. Speakers answer questions including:
- What are the proposed changes and timeline?
- What might the planned CBAM measures effectiveness review bring?
- What steps should businesses be taking today?
- How can CBAM be viewed as a catalyst for transformative change and competitive advantage?
Topics discussed include:
- Broader sustainability tax policy context
- Proposed CBAM changes and timeline in the context of the first EU Omnibus simplification package
- View from outside the EU
- Technical spotlight: emissions calculations
- Immediate next steps for businesses impacted