What is it?
The Carbon Border Adjustment Mechanism (CBAM), established by Regulation (EU) 2023/956, is a measure of the European Union (EU) that seeks to ensure that importers of goods comply with the EU’s carbon emission regulations.
Under this system, importers must acquire certificates that reflect the cost of carbon they would have paid if the goods had been produced in accordance with EU standards. The implementation of CBAM, also known as MAFC in Spanish, will be carried out gradually from October 1, 2023, to the year 2034, with January 1, 2025, being a key date that marks the end of the transitional period and the beginning of the definitive application period of CBAM.
Track your global supply chain impacts with leading sustainability software that supports carbon pricing frameworks.
What products are affected?
What products are affected?
CBAM will initially apply to imports with high carbon intensity, such as: cement, iron, steel, aluminum, fertilizers, electricity, and hydrogen.
In which countries does it apply and how does it affect me?
CBAM applies to certain products imported into the EU from third countries, excluding Iceland, Liechtenstein, Norway, and special territories such as Ceuta and Melilla in Spain. A “third country” is considered to be one outside the EU’s customs area, while countries within this customs area are defined in Regulation (EU) No. 952/2013, including nations like Belgium, Bulgaria, Czech Republic, Denmark (except the Faroe Islands and Greenland), Germany (except Heligoland and Büsingen), among others. Additionally, CBAM also applies to imports from the United Kingdom.
Roadmap for the implementation of CBAM
What is the roadmap for the implementation of CBAM?
How can Dcycle help you comply with CBAM legislation on time?
How can Dcycle help you in the precise collection of data, managing environmental impact, and comply with CBAM legislation on time?
We specialize in helping you assess your carbon footprint and communicate effectively with stakeholders. We provide you with the necessary tools to simplify the collection and measurement of relevant data automatically, allowing you to obtain a roadmap and a clear vision of your environmental performance, driving not only sustainability but also the corporate responsibility of your company by taking immediate actions.
