When does CBAM come into effect?

Questions › Category: Carbon Footprint › When does CBAM come into effect?

0 Vote Up Vote Down

Indira Joy asked 1 year ago

Summary

When does CBAM come into effect?

Article Name

When does CBAM come into effect?

Description

Learn about the implementation timeline and key dates for when CBAM is set to come into effect in the European Union.

Author

Team GreenSutra

Publisher Name

GreenSutra

Publisher Logo

Question Tags: actonclimate, carboncredits, carbonfootprint, carbonoffsets, carbontax, climatechange, eu, globalwarming, greensutra, india

1 Answers

1 Vote Up Vote Down

Best Answer

Team GreenSutra® Staff answered 1 year ago

The Carbon Border Adjustment Mechanism also referred to as CBAM is being introduced by the EU in its efforts to fight climate change.
To do so, EU plans to implement the final regime of CBAM by 2026. In the meantime, the EU, shall implement a transitional period starting 1st October 2023. The transitional period shall last till the end of 2025.