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UK’s Carbon Border Adjustment Mechanism (CBAM): What Businesses Need to Know
The UK’s Carbon Border Adjustment Mechanism (CBAM), set to take effect on 1 January 2027, marks a pivotal development in global climate policy. Designed to combat carbon leakage and level the playing field between domestic and foreign producers, CBAM introduces a carbon price on imported goods from specific high-emission sectors. Find out below the most […]
EU introduces the world’s first Carbon Border Tax. How global producers will be affected
By Nikos Avlonas, President of CSE The European Commission has recently announced plans for a new carbon border adjustment mechanism (CBAM), or well know as Carbon Border Tax which would levy charges on non-EU products in relation to their embedded carbon footprint. The mechanism will be phased in gradually from 2026 and will initially […]