When does CBAM come into effect?

QuestionsCategory: Carbon FootprintWhen does CBAM come into effect?
Indira Joy asked 5 months 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.
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Publisher Name
GreenSutra
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1 Answers
Best Answer
Team GreenSutra® Staff answered 5 months 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.