Carbon Border Adjustment Mechanism (CBAM) Webinar

Climate change is a global problem that needs global solutions. As the EU raises its own climate ambition, and as long as less stringent climate policies prevail in many non-EU countries, there is a risk of so-called ‘carbon leakage’. Carbon leakage occurs when companies based in the EU move carbon-intensive production abroad to countries where less stringent climate policies are in place than in the EU, or when EU products get replaced by more carbon-intensive imports.

The EU’s Carbon Border Adjustment Mechanism (CBAM) is a landmark tool to put a fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries. The gradual introduction of the CBAM is aligned with the phase-out of the allocation of free allowances under the EU Emissions Trading System (ETS) to support the decarbonisation of EU industry.

In this one-hour webinar Richard Bartlett will discuss the questions below and explain how you should prepare for CBAM.

  • What is Carbon Border Adjustment Mechanism?
  • When does it start?
  • How will it work?

 

You will receive important key information to take away from the session including how to plan your sustainability strategy.

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