CBAM transitional period: roles and responsibilities
Enrika Naujokė
CEO, CustomsClear
Customs Compliance & Risk Management (CCRM) Journal, Issue 22, August / September 2023
October 11, 2023
Adobe Stock
EU’s Carbon Border Adjustment Mechanism (CBAM) regulation entered its transitional phase on 1st October, 2023. From that day on, importers have to collect and report data on greenhouse gases emitted during the production of CBAM goods. Since the data must be collected from the manufacturers in non-EU countries, a process must be established for the corresponding communication. Given the complexity of supply chains, this process may involve multiple actors between the importer and third country facilities. In addition, several EU and national authorities are involved. Who is/can be who? Who does what? What are the responsibilities?
- Topic: sustainability
- Market: Global , Europe
- Copyright of the journal: CC Learning, UAB