The CBAM addresses carbon leakage concerns across various product categories, including both basic materials and finished or semi-finished goods like fasteners (CN code 7318 XX XX). Here’s how CBAM mitigates carbon leakage:
- Scope Inclusion and Regulatory Review: While primarily targeting basic materials and related goods, CBAM also extends to certain finished or semi-finished products. As part of ongoing evaluation, the CBAM Regulation will undergo review after the transitional period. Based on specific criteria, this assessment will determine the potential inclusion of additional goods and sectors within the ETS framework.
CBAM aims to effectively address carbon leakage concerns and uphold the integrity of the EU’s climate objectives by encompassing a diverse range of products and conducting periodic reviews.
Dubrink’s software facilitates the monitoring and adaptation process of CBAM regulations. Importers can rely on our platform to stay informed about updates and ensure compliance with evolving requirements, contributing to the effective implementation of CBAM measures.