What is the timeline for the implementation of the EU CBAM?

The CBAM officially came into effect in May 2023. The transitional period began on 1 October 2023 and lasts until 1 January 2026. During this phase, emissions reporting is required without financial adjustment. The permanent CBAM system will commence on 1 January 2026, requiring financial adjustment by purchasing certificates. Free allowances for sectors under the EU ETS will be phased out by 2034.

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