Anyone importing high-emitting goods into the EU will in future have to purchase CBAM certificates to offset the difference between the cost of CO\u2082 emissions in the country of production and the price of CO\u2082 certificates in the EU.<\/p>\n
The European Carbon Border Adjustment Mechanism (CBAM) is one of the cornerstones of the EU's "Fit for 55" package. This includes a series of measures aimed at reducing greenhouse gas emissions by at least 55 % by 2030.<\/p>\n
By introducing CBAM, the EU aims to promote a more cautious approach to CO\u2082 emissions worldwide, but also to limit any economic disadvantages caused by "CO\u2082 leakage", i.e. the migration of industries to countries with less stringent CO\u2082 emission regulations.<\/p>\n
Specifically, anyone importing high-emission goods into the EU will have to purchase CBAM certificates in the future to offset the difference between the cost of CO\u2082 emissions in the country of production and the price of CO\u2082 certificates in the EU.<\/p>\n
There is one important exception: Swiss goods (origin) are exempted from CBAM regulation and thus also from CBAM certificates!<\/p>\n